New FHA Loan Limits

What is the new FHA loan limit for  (insert your area)? 

I was a guest on Real Estate Radio USA, yesterday, hosted by Barry Cunningham and Barry Johnson.  I talked about the impact of the higher conforming and FHA loan limits and how it might shore up the "desperate" real estate markets.  Real Estate Radio USA is a provocative and engaging program for real estate professionals and airs daily from 1PM-3PM (Pacific Daylight Time).  Listen to my interview here. 

If you just want to find out the NEW FHA loan limit, here's a synopsis (click the HUD link, at the bottom of the page, for YOUR new FHA loan limit): 

• As high as $729,750 for one-unit properties (as high as $1,094,625 for one-unit properties in Alaska, Hawaii, and the U.S. Virgin Islands).
• As high as $934,200 for two-unit properties (as high as $1,401,300 for two-unit properties in Alaska, Hawaii, and the U.S. Virgin Islands).
• As high as $1,129,250 for three-unit properties (as high as $1,693,875 for three-unit properties in Alaska, Hawaii, and the U.S. Virgin Islands).
• As high as $1,403,400 for four-unit properties (as high as $2,105,100 for four-unit properties in Alaska, Hawaii, and the U.S. Virgin Islands).

The maximum loan limits vary by geographic area. To determine the current FHA loan limit for your area, visit HUDs Web site at: https://entp.hud.gov/idapp/html/hicostlook.cfm.