FHA Mortgage Limits from The Busch Team, local mortgage lender Metro DC, NW DC (DuPont, Logan, Georgetown)


The Busch Team, local mortgage lender Metro DC, NW DC (Dupont, Logan, Georgetown)


Mortgage maximums as of Wednesday February 25, 2009
(1 records were selected, 1 records displayed.)
MSA Name MSA Code Division County Name County
Code
State One-Family Two-Family Three-Family Four-Family Last Revised Limit Year
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METRO 47900 47894 DISTRICT OF COL 001 DC $729,750 $934,200 $1,129,250 $1,403,400 01/01/2009 CY2010

Selection criteria
Sorted by: County
State: DC
County:  
County Code:  
MSA Name:  
MSA Code:  
Limit Type: FHA Forward
Last Revised:  

The CY2010 basic standard mortgage limits for FHA insured loans are:
      One-family   Two-family   Three-family   Four-family  
  FHA Forward   $271,050.00   $347,000.00   $419,425.00   $521,250.00  
  HECM   $625,500.00      
  HOPE for Homeowners   $550,440.00   $704,682.00   $851,796.00   $1,058,574.00  
  Fannie/Freddie   $417,000.00   $533,850.00   $645,300.00   $801,950.00  

High cost area limits are subject to a ceiling based on a percent of the Freddie Mac Loan limits
The ceilings for CY2010 are:
      One-family   Two-family   Three-family   Four-family  
  FHA Forward   $625,500.00   $800,775.00   $967,950.00   $1,202,925.00  
  HECM   $417,000.00      
  Fannie/Freddie   $625,500.00   $800,775.00   $967,950.00   $1,202,925.00  

Section 214 of the National Housing Act provides that mortgage limits for Alaska, Guam, Hawaii, and the Virgin Islands may be adjusted up to 150 percent of the new ceilings. This results in new CY2010 ceilings for these areas of:
      One-family   Two-family   Three-family   Four-family  
  FHA Forward   $938,250.00   $1,201,162.00   $1,451,925.00   $1,804,387.00  
  Fannie/Freddie   $938,250.00   $1,201,162.00   $1,451,925.00   $1,804,387.00  


The Busch Team, local mortgage lender Metro DC, NW DC (Dupont, Logan, Georgetown)
This is a listing of the FHA single family mortgage limits. This listing was downloaded from the Department's Computerized Home Underwriting Management System. Since mortgage limits are updated constantly, please contact the Homeownership Center if you believe this information is in error.

The Busch Team, local mortgage lender Metro DC, NW DC (Dupont, Logan, Georgetown)
You may download the mortgage limits data and it's file description using the File Layouts Page

Please Note: Mortgagee Letter 2009-07 replaces the HECM limits described in Mortgagee Letter 2008-35. It also replaces Forward Limits described in Mortgagee Letter 2008-36.

The Busch Team, local mortgage lender Metro DC, NW DC (Dupont, Logan, Georgetown)

https://entp.hud.gov/idapp/html/hicost1.cfm


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