FHA Loan Limits Restored | Centers And Squares

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FHA Loan Limits Restored

FHA Loan Limits Restored

FHA Loan Limits Restored

Congress has just restored the higher loan limits for FHA loans.  The loan limits had rolled back as of October 1st but are now back to the higher levels that had been in place since January 2009.

This means the FHA loan limit for Middlesex and Suffolk counties is back up to $523,750, rather than $465,750, for single-family houses.  In these counties, the limit for a two-family house is $670,500 and for a three-unit property is $810,450.

The bill did not increase the loan limits for Fannie Mae and Freddie Mac-backed mortgages.

Questions about mortgages?  Contact Kevin Greeley of NEMoves Mortgage.

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