Loan limits Increased For New Hanover County, NC

It was recently announced by the Federal Housing Authority that there are new mortgage limits.

FHA has just sent out the attached information that increases the loan limits to the levels that were established in 2008 ( $303,750.00 New Hanover, Brunswick, Pender). These limits will be in effect until December 31, 2009. GREAT NEWS !

That is great news for buyers. It will be easier for homebuyers ( and with lower rates too) to obtain loans up to these limits. Hopefully that will get some buyers to commit to new purchases.

Come on down to the beaches - we have some great deals for y'all..