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	<title>HECMWorld.com &#187; Loan Limits</title>
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		<title>New Loan Limit&#8230; It&#8217;s here!</title>
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		<pubDate>Wed, 25 Feb 2009 16:20:11 +0000</pubDate>
		<dc:creator>Shannon Hicks</dc:creator>
				<category><![CDATA[Top Stories]]></category>
		<category><![CDATA[Loan Limits]]></category>

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		<description><![CDATA[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 for credit approval as do mortgagors for forward mortgages.  FHA does not deem the credit approval process to be complete until ]]></description>
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