Daily Archives: February 25, 2009 »

New Loan Limit… It’s here!

Shannon Hicks February 25, 2009 0

Under ARRA, the national FHA loan limit for HECM will increase from $417,000 to $625,500 (from 100 percent to 150 percent of the conforming limit).  HECM loan mortgagors do not undergo the same procedures

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