Jan
09

New FHA Loan Limits

By Morgan Mike

As many of you may have heard, the President signed a bill in November reinstating the higher FHA loan limits
that expired at the end of September.

 At this point we are waiting on the following:

 1. Mortgagee Letter detailing the new loan limits

2. Guidance from our Correspondent partners stating when we will be able to begin originating
    and locking loans at the higher limits.

 As soon as we have more information it will be distributed.

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LO - 0912532 | LO NMLS - 224433
BK - 0115327 | NMLS - 6274

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