Mortgage Limit for Federal Housing Administration Loans Upped - 2004-01-10
More Puebloans could acquire homes of their own within reach after the Department of Housing and Urban Development increased the mortgage limit for Federal Housing Administration loans to $160,176 -- $40,000 more than the current median price of a three-bedroom home here.
The previous limit had been $154,896. The move was an annual adjustment to reflect higher home prices. In Denver and other "high-cost" areas, the limit is now $290,319.
Read the full story at Highmark Funds