Feeds:
Posts
Comments

Archive for the ‘NoVA LOAN LIMITS’ Category

Senate Passed Loan Limit Extension Amendment U.S. lawmakers moved Thursday, November 17, 2011 to increase the maximum size of FHA loans that are guaranteed by the Federal Housing Administration to $729,750.  The U.S. Senate has passed an amendment that raised the Federal Housing Administration loan limits back to 125% of the local area median home price (from [...]

Read Full Post »

Senate Passed Loan Limit Extension Amendment – FHA loan limits back at $729,750 - click the link for more information: http://viviannerutkowski.wordpress.com/2011/11/16/conforming-loan-limits-for-conventional-mortgages-and-fha-loan-limits-at-729750-for-high-cost-of-living-areas-in-northern-virginia-and-arlington-county-va-fairfax-county-va-fauquier-county-va-lou/ . On October 1, 2011, mortgage loan limits for the government-sponsored enterprises Fannie Mae and Freddie Mac (GSEs) and the Federal Housing Administration (FHA) dropped from temporary levels to reduced limits based on permanent criteria established by Congress [...]

Read Full Post »

October 1, 2011 the government plans to scale back the size of “jumbo” mortgages it guarantees in high-cost real estate markets, which includes Washington, D.C. area and Northern Virginia counties that I serve as a real estate agent: Arlington County VA, Fairfax County VA, Fauquier County VA, Loudoun County VA, and Prince William County VA. [...]

Read Full Post »

The U.S. Department of Housing and Urban Development has released new FHA and conforming loan limits as part of the massive economic stimulus bill.  Mortgage maximums are effective as of Wednesday, February 25, 2009. Under the legislation, loan limits in high-cost areas are increased to $729,750, the same as in 2008. They had dropped to $625,500 before passage of [...]

Read Full Post »