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FHA loan limits INCREASED for 2021

January 4th, 2021



Great News!!

FHA loan limits for our area have increased to $356,362 as of January 1, 2021!!  That's a big increase from the 2020 loan limit of $331,760.  So now, with a minimum down payment of 3.5% of sales price, that puts the purchase price up to $369,287!!  Pair that with the current historic low interest rates and you have a winning combination!!  

For conventional, conforming loan limits have increased as well.  As of January 1, 2021, the max is now $548,250.  So that would put you at a purchase price of $577,105, with 5% down payment.

Happy buying in 2021!!

More information from Federal Housing Administration, click here


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Disclaimer : The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the Houston Association of REALTORS®

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Realty Associates
1223 Antoine Drive, Houston, TX 77055   Get Directions
Phone: (713) 464-0700
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