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The limit for an FHA loan was raised today to $346,250 for Maricopa county. I believe this is up from $271,000. Do you believe I remember when the FHA limit was raised to $101,000. Boy a lot has changed.
This is good news for our market, or at least the market from $270,000 to $350,000. It will make it easier for borrowers to obtain loans in that price range.
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