Saturday, January 4, 2014

2014 FHA Loan Limits

HUD has announced that the FHA loan limits for 2014 will be lower than they were in 2013. 

The maximum FHA loan amount for 1-unit properties located in the Metro-Denver counties is $391,000. 

The maximum FHA loan amount for 1-unit properties located in Boulder County is $408,250. 

The maximum FHA loan amount for 1-unit properties located in El Paso County is $271,050. 

Remember - there are no income limitations for FHA loans, and the required down payment is only 3.5% of the purchase price. 

Need an FHA loan?  Give us a call.

Does your lender sell directly to Fannie Mae like we do, or do they have lender overlays that prevent loans from being approved? 

Have questions about anything related to a mortgage?  Give us a call and see why they call us The Mortgage Experts.  

Getting a loan approved is easy - if you know what to do.  The Mortgage Experts know what to do!!!  Call us if you want to use the best lenders in Colorado!  

Make sure you check out our web site:

By the way, don't forget to refinance your current mortgage.  Rates are very, very low right now.  Don't miss out!  Call us today to get the details for your particular situation.

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