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New FHA mortgage limits | FHA loan amounts raised

FHA announces new limits
Many areas in the Washington, D.C. metro region were raised to the new fha limit of $729,750.  These areas include D.C. itself, and the following counties and areas:

Maryland– Montgomery, Frederick, and Prince George’s
Virginia– Alexandria, Arlington, Clarke, Fairfax, Fauquier, Loudoun, Prince William, Spotsylvania, Stafford, and Warren
West Virginia– Jefferson 
See all counties’ new limits

Choice Finance is FHA approved and we will be happy to assist you with your FHA financing.  Please contact us with any questions and loan scenarios for refinancing or buying a home you’d like us to put together.

*FHA* streamline | purchase with only 3% needed | cash-out to 95% *FHA*

Tags: new Maryland fha limits mortgage loan amounts, new Virginia fha limits mortgage loan amounts, new Washington DC fha limits mortgage loan amounts, what are the new fha loan amount limits?

This entry was posted on Thursday, March 6th, 2008 at 1:38 pm and is filed under 1) Questions for Loan Officer, 2) General. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

2 Responses to “New FHA mortgage limits | FHA loan amounts raised”

  1. 5.50% FHA 30 year fixed today | 5.00% FHA 15 year rate | Mortgage Blog Says:
    March 13th, 2008 at 10:04 am

    […] low regardless if you pay points, or opt for no points or even no closing costs on a refinance.  FHA loan limits are up to $729,750 in several counties in the Washington, D.C. metropolitan area.   (APR 15 yr […]

  2. Big changes to the Appraisal process | Mortgage Blog Says:
    March 31st, 2008 at 4:42 pm

    […] Home appraisers have been criticized for having facilitated the escalation of the conforming limit, which is the maximum that qualifies for purchase by Fannie Mae and Freddie Mac, remains at $417,000 for much of the country, but also rises, to as much as $729,750 in high-cost areas. […]

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