FHA Update: Loan Limits
On November 18, 2011, the President signed into law H.R. 2112, Consolidated and Further Continuing Appropriations Act 2012 (HR2112). Section 238 of HR 2112 re-establishes the FHA loan limit at the higher of the dollar limit in Section 203(b)(2) or the dollar limit prescribed in Section 202 of the Economic Stimulus Act of 2008 for Forward mortgages.
What Does This Mean?
This means that FHA loan limits will be going back to what they were prior to Oct 1, 2011. The Following changes will be made in regards to FHA loan limits in Texas:
Atascosa County - $332,500
Bandera County - $332,500
Bexar County - $332,500
Comal County - $332,500
Guadalupe County - $332,500
Kendal County - $332,500
Medina County - $332,500
Wilson County - $332,500
Bastrop County - $288,750
Caldwell County - $288,750
Hays County - $288,750
Travis County - $288,750
Williamson County - $288,750
I will be updating (www.yourloanofficer4life.com/FHAlimits) as soon as HUD updates their information.
Samuel MoralesResidential and Commercial Loan OfficerOffice: (210) 257-0642Mobile: (210) 286-7267Fax: (210) 257-0510www.yourloanofficer4life.comwww.streamlinefha.orgwww.streamlinefha.netwww.texasjumbomortgage.org NMLS: 295626
Mortgage Lic
NMLS: 295626
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