FHA Modernization Act
Good news for those of you that were waiting for the higher HECM loan limits.
FHA Commissioner Brian Montgomery announced that the new HECM nationwide loan limit (maximum claim amount) will be $417,000. The target effective date is November 1, 2008
More news to come when the official start date is set.
Eben
FHA Commissioner Brian Montgomery announced that the new HECM nationwide loan limit (maximum claim amount) will be $417,000. The target effective date is November 1, 2008
More news to come when the official start date is set.
Eben
posted by www.mireverse.com at 8:02 AM
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