Mar 06 2008
FHA Loan Limits Raised
Good news today!
The loan limits for FHA loans were raised today, from $304,950 to $418,750. This will really expand the use of FHA loans for home mortgages, and give home buyers more options. FHA loans offer low downpayments, low closing costs, and easier qualifying.
Going forward, FHA will be a bigger player in the home mortgage market.
That’s good news!
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