FHA Increases Loan Limits
March 6, 2008 by Bob Schenkenberger · Leave a Comment
Just released; As of March 5, 2008, the Federal Housing Administration and HUD, have Increased the loan limits for FHA insured loans.
In Denver and most of the surrounding counties the limit has increased to $406,250 for a single family residence.
This increase should ease some of the pressure felt on the mortgage market.
For a complete listing of the new loan limits for Colorado Counties go the the HUD website by clicking here!
For questions on what this may mean for you, please contact the Get Home Denver Team.
Bob has been an active REALTOR for Over 20 years. During this time, he has closed over 500 transactions, and has been the broker of record for 1000's more. Bob can be reached via email (bob@gethomedenver.com) or phone (303.770.1180.)
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