New FHA loan limits

The Federal Housing Administration recently published new loan limits.  This is GOOD NEWS for buyers out there who are taking advantage of the favorable real estate climate.

Limits for single-family homes in some of the big metropolitan areas:

Los Angeles $729,750

Chicago $410,000

San Francisco $729,750

New York $729,750

Dallas $271,050

Houston $271,050

Denver $406,250

Philadelphia $420,000

Phoenix $346,250

DC $729,750

For more information, email info@mangledmortgage.com