FHA released the new loan limits starting January 1st 2010
Here in Maricopa County, we will see the max loan limit drop from $346,250 to $271,050 for SFR.
That is the same number as we used to have before HUD raised loan limits temporarily to allow for more folks to qualify back in 2008.
For a majority of the USA, the FHA loan limits will be …
1-Unit $271,050
2-Unit $347,000
3-Unit $419,400
4-Unit $521,250
For high cost areas, the limits will remain the same as previously set in 2008. They are as follows:
One-Unit $ 729,750
Two-Unit $ 934,200
Three-Unit $ 1,129,250
Four-Unit $ 1,403,400
In the future you can go to https://entp.hud.gov/idapp/html/hicostlook.cfm to find the limits whenever you wish.
The above info provided as a courtesy by:
Craig Bohall Your “Safe Harbor” Lender
ACADEMY MORTGAGE CORPORATION
480-344-3646 – office
480-374-6924 - e-fax
www.myazmp.com
craig@myazmp.com
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