Loan limits set to expire
May 28, 2011 in May 2011
About one-fifth of the nation’s counties are scheduled to see lower loan limits on FHA mortgages beginning of Fall this year, according to an analysis the U.S. Department of Housing and Urban Development (HUD).
That’s when the increase that we have seen in FHA loan limits, about three years ago, is due to expire. About 670 of the nation’s more than 3,300 counties and county equivalents will be affected by the change, many of them in some of the nation’s most populated areas.
