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FHA'S
NEW LOAN LIMITS TO HELP HOMEOWNERS
Effective March 6, 2008, HUD will offer temporary FHA loan limits
that will range from $271,050 to $729,750 (Limits). Overall, the change in loan
limits will help provide economic stability to America's communities and give
nearly 240,000 additional homeowners and homebuyers a safer, more affordable mortgage
alternative. To learn more, please read mortgagee
letter 2008-06.
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What's New
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New FHA Mortgagee Letters: 2008-11
Nontraditional Credit Verification and Evaluation 2008-10 Update to Mortgagee
Letter 2004-40 Single Family Real Estate Owned (Property Disposition) National
Management and Marketing Contractors
2008-09 Second Appraisal Requirements/Limits
on Cash-Out Refinances
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