FHA Raises the Loan Limits To Over $400,000.00!!!

 

FHA announced that they have raised the mortgage maximum loan limits to over $400,000.00

This is in response to the mortgage implosion. FHA loans are generally considered better loan products and have easier to qualify requirements. Such as no past credit history. If a college student is in college for two or more years and goes into the field that they majored in then FHA will consider that as thew required 2 years of work history, even if they just started their job.

For more information just contact me and I will be happy to answer your questions

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