WOW! I just wrote a blog the other day about FHA limits being increased and now they have temporarily increased them even more. The new FHA loan limits for the Charlotte Metro Area are $303,750 until 12/31/2008. That is a huge increase and should allow many sub-prime loans to refinanced using FHA or the new FHA Secure program.
You can check out the new FHA loan limits for any area at this link:
https://entp.hud.gov/idapp/html/hicostlook.cfm
Please comment or email me if you have questions about this change! This could really help a lot of people, but we all need to spread the word...
Olan Carder
Myers Park Mortgage
www.mycharlottelender.com
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