Skip to main content

ML 09-07: Loan Limit Increases for FHA

HUD recently issued Mortgagee Letter 2009-07, which provides information on the Federal Housing Administration's single family mortgage limits that have changed as a result of the American Recovery and Reinvestment Act of 2009 (ARRA) signed into law on February 17, 2009.  Attachment I to the mortgagee letter lists the FHA loan limits for counties at ceiling and above and Attachment II lists the counties between the floor and ceiling.  For any counties not listed in either attachment, the FHA mortgage limits are the floor.  These limits are effective for those loans for which credit is approved in calendar year 2009 and will remain in effect until December 31, 2009.

SOLUTIONS THAT WORK. TECHNOLOGY TO STAY COMPLIANT.