April 13, 2024

FHA Loan Limit Reductions Expected To Have Small Impact On Borrowers

On or after October 1, 2011, FHA loan limits will be reduced in 20% of the counties that are eligible for FHA financing. The FHA currently insures loans in 3,334 counties of which 669 will be subject to lower loan limits. Due to the severe downturn in the economy and the fear that banks would […]