What are the maximum 2011 FHA loan limits?

By
Mortgage and Lending with Fairway Independent Mortgage Corp

Looks like in my home town of Charlotte NC, ours has stayed the same.  Check the Mortgagee letter to find out the details and if your area has changed.  This is very important because FHA has in the past couple years become probably 75% of most loans.  These are great programs and can help get your first time home owners or ones that choose to invest their funds instead of putting it all down on their home a way to purchase easily!  Check out the following llink that explains the changes in detail :

Mortgagee Letter

Areas At Ceiling or Above

Areas between Ceiling and Floor

Happy Friday!

Posted by

Please don't keep me a secret!

Kelly (Byrnes) Waugh,CMPS, CMC

Certified Mortgage Coach

Fairway Independent Mortgage

O : 704.200.2323 / C: 704.578.4577 / F: 704.765.4367

KellyB@FairwayNC.com / www.KellyWaugh.com

NMLS#: 70328

Certified Mortgage Coach

Fairway Independent Mortgage

Real Estate Resource

 

Comments (1)

Rodney Mason
Guaranteed Rate NMLS# 2611 - Atlanta, GA
VP of Mortgage Lending - AL, FL, GA, SC, & TN

Metro Atlanta loan limts remained unchanged as well.  I think that is the case for most areas.

Dec 03, 2010 02:22 PM