Eye On Arizona
Arizona Housing, Travel, Golf, Real Estate
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FHA Mortgage Limits in Phoenix, Mesa and Scottsdale
Unfortunately, HUD decreased the FHA Loan Limits that were raised in March of 2008, $346,250, down to near the pre-bailout limits of $263,150, for Maricopa County to $271,050. The Housing and Urban Development’s (HUD) web site allows direct access to current limits in any area by state, county, or Metropolitan Statistical Area (MSA). If you do not reside in Maricopa County and are interested in finding the FHA Limit in your area just visit HUD’s site.
The 2009 FHA mortgage limits for housing in Maricopa County are presented below:
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Single-Family homes: $271,050
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Two-Family Homes: $347,000
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Three-Family Homes: $419,425
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Four-Family Homes: $521,250
Source: FHA Mortgage Limits List.
Why FHA? Many mortgage companies are offering FHA streamline refinancing with no cost options. If you would like more info, please contact me with your request.
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