FHA Loan Limit Increase

GEORGIA RESIDENTS 678-946-0100
FLORIDA RESIDENTS 866-946-0120

The President will sign into law a temporary law which will affect the loan limit on FHA home loans. The Economic Stimulus Package of 2008 includes an increase in FHA lending limited to 1.25 times the median housing value in our market area - Georgia and Florida homes. We will have the exact numbers for Georgia and Florida FHA home loans posted here as soon as they are available from HUD. Other sites may speculate but we'll wait for the truth. The increase in the FHA loan limit will certainly come with it's own set of challenges but we will work through them with you as we always have.

Here are some articles about the issue in the mean time:
Congress OKs stimulus bill, loan limit increase
Federal stimulus package raises conforming loan limit

FHA Home Lender for Georgia and Florida FHA Home Loans for purchase or refinance.

The H.R. 5140 bill

Georgia residents can purchase HUD owned homes using our FHA solutions for only $100 down payment. Call our office between 9A and 5:30P M-F and we can fill you in with all the details you need to know.

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Novation Mortgage, 2501 E Piedmont Road, Suite 201, Marietta, GA 30062
Georgia Residential Mortgage Licensee 20014. Florida Mortgage Broker Business MBB 0703760
FHA Lender - Equal Housing Lender

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Nothing in this website should be considered investment advice. Users of this website should consult with their own attorney, broker, or other financial advisor prior to making any investment. Novation Mortgage, LLC and its owners, partners, principals, employees, associates, contractors nor assignees, shall have no liability for investment decisions made by any user of this website based upon the information contained on this website.