Friday, March 7, 2008

HUD Boosts Loan Caps

For those watching government reaction to the credit crunch, new guidelines have been published with FHA's new loan caps and GSE's new Jumbo caps.

Follow this link (hat tip to Craig Whiting): HUD CAPS BY COUNTY

Note: Weber County's FHA loan cap was 200K and is now 270K! That opens a lot of doors to buyers.

There is a temporary 1-year window that these larger loans are available. Take advantage while you can.

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