NEW FHA LOAN LIMITS

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