loan limits: Maximum FHA Loan amounts... going down!!
- 12/13/13 05:02 AM
Yeah… *sigh*. Another great move to help the housing market right? (please read that with my sarcastic tone) Announced late last week on Dec 6th in ML 13-43 HUD has elected to change the limit for FHA loans from $365,000 for single family homes in the Twin Cities market down to $318,550. It doesn't matter what FONT or what COLOR is used... it's still not pretty. The limits go into effect for FHA casefiles reserved on Jan 1st 2014.
WHAT DOES THAT MEAN TO ME?
If you’ve been looking at qualifying for a purchase and expecting to use … (2 comments)
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Yeah… *sigh*. Another great move to help the housing market right? (please read that with my sarcastic tone)
;)
;)
