As you've probably seen or heard, FHA Loan Limits are set to decrease on October 1st, 2011. The max loan amount for FHA financing will be dropping from $346,250 to $271,050. Financing with loan amounts greater than $271,050 must be processed and underwritten by September 30th, 2011.
If you have any questions on these new FHA guidelines, please feel free to contact me.
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