HUD has just announced the new (old) FHA loan limits:

SFR/Condos – $288,750

2-units – $369,650

3-units – $446,800

4-units – $555,300

This essentially takes us back to last year’s loan limits!

Conventional conforming limits stay the same at $417,000.

FHA is expected to account for almost 40% of all loans originated this year.  If you have any questions on FHA contract, guidelines, etc., just give me a call!

Marie Funston

Senior Mortgage Advisor

Cell:  (512) 750-7270

Office:  (512) 691-6757

Fax:  (512) 343-1224