http://www.hudauctionwatch.com/hud-foreclosure/hud-announces-new-limits-for-fha-mortgages/ The Only Source For Accurate HUD Foreclosure And Government Auction Information Wed, 21 Apr 2010 08:49:03 +0000 hourly 1 http://wordpress.org/?v=3.0.1 http://www.hudauctionwatch.com/hud-foreclosure/hud-announces-new-limits-for-fha-mortgages/comment-page-1/#comment-25 HUD Announces New Limits for FHA Mortgages Tue, 11 Mar 2008 04:59:25 +0000 http://www.hudauctionwatch.com/hud-foreclosure/hud-announces-new-limits-for-fha-mortgages/#comment-25 [...] kitsapmortgage wrote an interesting post today onHere’s a quick excerpt HUD recently announced new limits for FHA-insured mortgages. Many owner-occupant bidders on HUD foreclosure homes choose FHA financing due to low downpayment options and flexibility. The FHA 2039(k) loan, for example, gives borrowers the opportunity to take out money for home repairs as a part of the first mortgage. Now, the new limits give borrowers the opportunity to purchase more expensive properties using FHA financing. In some areas (such as Los Angeles and New York) the limits are as hig [...] [...] kitsapmortgage wrote an interesting post today onHere’s a quick excerpt HUD recently announced new limits for FHA-insured mortgages. Many owner-occupant bidders on HUD foreclosure homes choose FHA financing due to low downpayment options and flexibility. The FHA 2039(k) loan, for example, gives borrowers the opportunity to take out money for home repairs as a part of the first mortgage. Now, the new limits give borrowers the opportunity to purchase more expensive properties using FHA financing. In some areas (such as Los Angeles and New York) the limits are as hig [...]

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