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New FHA Loan Limits For 2015

By
Industry Observer CDRE #01044712

On December 5, 2014, The Federal Housing Administration (FHA) released information on 2015 FHA loan limits. Every year, FHA recalculates national loan limit based on 65.0% of nationwide conforming loan limits.

FHA loan limits range between low $271,050 to high $625,000 depending in the area’s home values, according to Brian Sullivan of HUD No. 14-152.

For complete more detailed information about Federal Housing Administration loan limits for 2015, please CLICK HERE

Posted by

John Pusa

Better way to buy and sell real estate

Office (818) 441-8881

Mobile (818) 441-8881

David Shamansky
US Mortgages - David Shamansky - Highlands Ranch, CO
Creative, Aggressive & 560 FICO - OK, Colorado Mtg

Hey John, I saw this last week and still cant figure out why the restrict some of these counties. It would make a lot more sense to open this up but what do I know, right???

Dec 08, 2014 07:54 AM
Sharon Paxson
Sharon Paxson, Realtor® EQTY Forbes Global Properties - Newport Beach, CA
Newport Beach Real Estate

Hi John - thanks for the information about the change with the FHA loan limits. Have a great day!

Dec 09, 2014 12:51 AM
Jon Kolsky
Kolsky Realty & Management - Long Beach, CA
Licensed California Real Estate Broker

John Pusa ~ I like seeing the new changes and I too hope this will be available to all... As long as there's skin in the game, the more we can get folks buying the better it is for all

Dec 09, 2014 01:41 AM
John Pusa
Glendale, CA

David, you are right, higher loan limit will help more buyers qualify for mortgages. Thank you for stopping by and the comment.

Sharon, you are welcome. Hopefully the the information is helpful. Thank you for stopping by and the comment.

Jon, I agree, more home buyers create jobs and help everyone. Thank you for stopping by and the comment.

Dec 09, 2014 05:09 AM