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Barring Congressional action, FHA loan limits will revert back to loan limits determined under the Housing and Economic Recovery Act (HERA) for loans insured by FHA on or after Oct. 1, 2011.

As a result, FHA loan limits would likely decline in 669 of the 3,334 counties or county equivalents that are eligible for FHA insurance. The remaining 2,665 counties are unlikely to experience a change in loan limits.

 

C.A.R.

Posted by Adam Andrus on June 2nd, 2011 5:58 PMPost a Comment (0)

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