FHA loan limits In Adams County CO

FHA loan limits In Adams County CO

Recently in most counties across the US, HUD decided to reduce the FHA loan limits in Adams County CO.  Most home buyers purchase a one family dwelling and the FHA loan limits in Adams County CO is now $368,000 from $406,250.  The change of the FHA loan limits in Adams County CO should not affect many first time home buyers, as their average purchase price is nearly half the amount.  In the past year to limit further exposure to overall default risk, HUD decided to increase the mortgage insurance premium twice and just recently made a reduction in the FHA loan limits in Adams County CO.  As for the other  for a Two-Family is $471,100, Three-Family is $569,450, and Four-Family is $707,700.  For more information about FHA loan limits in Adams County CO or just general mortgage information please feel free to email me at sean.gross@chl.cc or call me at 303-953-1561.