Steve Doyle's Blog » Federal Housing Administration http://blog.brookfieldsd.com Just another WordPress weblog Tue, 31 Aug 2010 16:31:15 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 FHA Follows Fannie Mae and Freddie Mac! http://blog.brookfieldsd.com/fha-follows-fannie-mae-and-freddie-mac/ http://blog.brookfieldsd.com/fha-follows-fannie-mae-and-freddie-mac/#comments Fri, 27 Feb 2009 17:09:09 +0000 Steve http://expectmoreinahome.com/blog/?p=388 The Federal Housing Administration (FHA) followed Fannie Mae and Freddie Mac and announced they would match loan limits across the United States. That means in San Diego County, the FHA loan limit for a single home purchase is $697,500 and in Riverside County the FHA limit is $500,000.

“February 24, 2009

MORTGAGEE LETTER 2009-07

TO: ALL APPROVED MORTGAGEES

SUBJECT: Loan Limit Increases for FHA

This Mortgagee Letter provides information on Federal Housing Administration (FHA) single family loan limits that have changed as a result of the American Recovery and Reinvestment Act of 2009 (ARRA) signed into law on February 17, 2009. These limits are effective for those loans for which credit is approved in calendar year (CY) 2009 and will remain in effect until December 31, 2009. “

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