FHA Raises Loan Limits

Big News! FHA has just announced that it has raised it's loan limits. For a single family home in Hennepin County, the new limit is $365,000. Click here to check other counties and to find out the limits for multi-family houses. FHA has become our new best friend for friendly lending options! It is easier to qualify for FHA than conventional and you can often have a smaller down payment with FHA loans. Feel free to contact us if you want more information!