FHA Loan Limits increase!

By
Mortgage and Lending with Oceanside Mortgage Group Inc

We Just got the updated FHA loan amounts for RI, finaly!  Single Family homes as of March 5th are covered up to $ 475,000.  2 Family's are $608,100, 3 Family's are 735,050 and 4 family's are 913,450!  This is great news... Since FHA does not have a declining market or other apprasial issues that we are having with Fannie or Freddie!   

 

Great News...

 

 

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