Bad Credit Online Magazine - Daily News and Advice on Credit, Debt and Mortgage : 2006 FHA mortgage limits are increased
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December 06, 2005
2006 FHA mortgage limits are increased
2006 FHA mortgage limits are indexed on the 2006 conforming loan limits. There are two categories - base and high cost.
Base limits
1-unit- $200,160, 2-unit - $256,248, 3-unit - $309,744, 4-unit - $384,936.
High cost limits
1-unit- $362,790, 2-unit - $464,449, 3-unit - $561,411, 4-unit - $697,696.
For individual counties, FHA loan limits may vary between the base and the high cost, depending on the median housing price for that county.
Posted in Mortgages at December 6, 2005 11:01 AM
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