Buying Brevard: Lower FHA loan limit in 2014

Brevard County, FL Real Estate and Local Information for Central and South Brevard County, FL specializing in the Melbourne, Suntree, and Viera areas.

Lower FHA loan limit in 2014

LOWER FHA LOAN LIMIT IN 2014

 

The Federal Housing Administration is reducing the maximum size of the mortgages it will back in 2014.  The FHA is not the lender but rather insures mortgage loans.  FHA issues guidelines to banks outlining the requirements for a federally insured loan.

Effective Jan 1, 2014, the maximum amount for a FHA loan in Brevard County, Florida dropped to $271,000.

Laura Forman - Realtor, CDPE, www.LauraSellsBrevard.com (321) 917-2162 

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Comment balloon 0 commentsLaura Forman • January 07 2014 10:46AM

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