Good News on FHA Loan Limits

This is hot off the desk of our mortgage expert Celeste Spadaccini of Centennial Lending Group: The Federal Housing Administration (FHA) is changing loan limit guidelines to $420,000 for the following counties: Philadelphia, Bucks, Chester, Delaware, Montgomery, Carbon, Lehigh and Northampton!!  As you know, effective October 1^st they lowered the loan limits to $379,250 but have elevated the limits from January 1, 2012 until September 30, 2012.  This is for single family residences only.

If you would like additional information about FHA loans or other types of mortgages, please contact Celeste directly by email or phone: 215.962.7735.

For more information about all things FHA, visit the official U. S. Department of Housing and Urban Development (HUD) web site.