FHA to Reduce Maximum Loan Limits
Federal Housing Administration (FHA) to Reduce Maximum Loan Limits Effective January 1, 2014
Please Note: This change effects only new loans whose case numbers are assigned on or after January 1, 2014.
FHA is reducing its maximum loan amount on single family homes from $729,750 to $625,500 in over 70 counties (click here to check loan limits in your county), beginning January 1, 2014.
What are your options:
If you believe your home’s current value falls in this range, and you have been waiting to refinance or purchase, call today. We can discuss all your options, and the benefits of taking advantage of an FHA loan before the loan limits drop.
Please call today — and we can get you on the road to long-term savings before these changes take place.
I look forward to your call.
Brenda “The Lenda” Dintino
949-679-4331 Direct