What Are the New FHA Loan Limits?
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Welcome back! You may have heard there are some new changes to FHA loan limits. Prior to this week, the loan limit was $417,000 in Philadelphia and the surrounding counties; that number has been slashed. The new limit varies by county and if you want to find out what your limit is, you can check it out here: https://entp.hud.gov/idapp/html/hicostlook.cfm
It's some disappointing news, but it was inevitable. If you have any questions, please give me a call today!
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