fha loans: FHA Loan Amounts Have Changed!
- 12/11/13 07:52 AM
The FHA’s Office of Single Family Housing announced this week that on January 1, 2014, the government agency will implement new loan limits on FHA financing. The previous loan limits were established under the Housing and Economic Recovery Act of 2008 (HERA) and expire at the end of 2013.
What does this mean for you?
If you were thinking of getting a loan where you only have to put 3.5% down you might not be able to get as expensive as a house. The FHA loan limits for non-metropolitan areas shall be set at 115% percent of the median home price for (0 comments)