Still in process, the FHA is modifying their Lending Guidelines as far as Purchase Amounts that will be allowed for FHA financing.
In the Past this number differed by County/City. Today the same still holds true when it comes to borrowing money using a FHA loan.
Best advice? – Contact your lender if you are in the “home buying” process to make sure this does not negatively affect you.
Here is a link to the FHA website that will allow you to search for the new numbers as they relate to your FHA loan and lending.
BTW – We have GREAT Lenders that work well with our Paris911 Santa Clarita Real Estate Team. Let us know if you would like us to introduce you.
|FHA Mortgage Limits|
Welcome to the FHA Mortgage Limits page. This page allows you to look up the FHA mortgage limits for your area or several areas, and then list them by state, county, or Metropolitan Statistical Area. Detailed help is available, or send questions to the Single Family Administrator.