person using calculator to determine home loan costs

FHA Loan Limits Increased for 2022

FHA Multifamiliy Housing Loan Limits FHA loan limits for multifamily housing in 2022 have increased. The Federal Housing Administration announced that the 2022 multifamily loan purchase caps for Fannie Mae and Freddie Mac (the Enterprises) will be $78 billion for each -- a combined total of $156 billion to support the multifamily market. The 2022 caps, which increased from $70 billion for each[...]

radio advertising graphic for new american funding's regional sales manager eric glick discussing fico score and fha student loan updates

Updates on FICO Scores, FHA Student Loan Guidelines

Eric Glick, regional sales manager with New American Funding, joins the Atlanta Real Estate Forum Radio show to discuss the new FICO score program, updated FHA regulations and millennial homebuyers. Glick joins hosts Carol Morgan and Todd Schnick for the All About Real Estate segment. New American Funding is a home loan and mortgage assistance company founded in 2002 that offers a[...]

FHA Loan Limits

FHA Loan Limits Raise in 2021

The Federal Housing Administration (FHA) recently announced its 2021 loan limits. Due to a steady increase in median home prices across the country, the FHA increased annual loan limits by 7.42%. This will be shown in a floor increase from $331,760 to $356,362 for single-family home loans and a ceiling increase from $765,600 to $822,375. The 2021 national low-cost area mortgage[...]

NAF FHA Loan Opportunities by New American Funding

FHA Loan Opportunities with New American Funding

Atlanta’s Best New Homes Show recently welcomed Loan Consultant Matt Reyes with New American Funding. Reyes joined this segment of Mortgage Minute sponsored by New American Funding to discuss new FHA loan opportunities. An FHA home loan is a mortgage insured by the Federal Housing Administration. Because these loans are backed by the federal government, they help FHA-approved lenders extend home[...]


FHA Loan Limits to Rise in 3,000 Counties in 2018

The Federal Housing Administration (FHA) announced its 2018 loan limits in early December (12/7/17) in a move that recognizes the housing industry’s rising home prices. The new loan limits will allow more people who would not normally qualify for a loan to become home buyers. Nationally rising median home prices mean that home buyers in 3,000 counties will see increases[...]

Sequestration Impacts FHA

As the automatic spending cuts known as "sequestration" start, the effects to one of the government agencies most tied to housing, specifically new home construction, the Federal Housing Administration (FHA), are beginning to be revealed. Currently, approximately 25 percent of purchase money mortgages issued for home purchases involve the use of  FHA  insured mortgages. The budget cuts will have the biggest[...]

Potential Changes to FHA Loans May Affect Atlanta Real Estate

  Barring Congressional action, Federal Housing Administration (FHA) loan limits will revert back to rates determined by the Housing and Economic Recovery Act for single-family housing. This will affect loans insured by the FHA on or after October 1, 2011 and could affect those searching for Atlanta real estate. The U.S. Department of Housing and Urban Development has stated that FHA[...]