HUD Announces 2013 FHA Loan Limits
The Department of Housing and Urban Development announces 2013 FHA loan limits effective January 1, 2013 to December 31, 2013. Below is an excerpt from the Mortgagee Letter:
This Mortgagee Letter Provides: Notice of the comprehensive update to the Federal Housing Administration’s (FHA) single-family loan limits, issued under the
authority of H.R. 2112, the Consolidated and Further Continuing Appropriations Act, 2012, Public Law 112-55. These limits apply to Forward mortgages insured under the following sections of the National Housing Act (NHA): 203(b) (FHA’s basic 1-4 family mortgage, including condominiums), 203(h) (mortgages for disaster victims), and 203(k) (rehabilitation mortgage insurance).
View the entire Mortgagee Letter for additional information or search FHA Loan Limits.
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