In a much anticipated turn of events, Shaun Donovan, the secretary of the US Department of Housing and Urban Development (HUD), announced that the FHA (which falls under the governance of HUD) will allow home buyers to access their $8000 tax credit for first-time buyers at closing to be used towards their 3.5% down payment […]

County Name
State
One-Unit Limit
Two-Unit Limit
Three-Unit Limit
Four-Unit Limit

Baker County
FL
$387,500
$496,050
$599,600
$745,200

Bay County
FL
$396,250
$507,250
$613,150
$762,000

Brevard County
FL
$291,250
$372,850
$450,700
$560,100

Broward County
FL
$423,750
$542,450
$655,700
$814,900

Charlotte County
FL
$296,250
$379,250
$458,400
$569,700

Clay County
FL
$387,500
$496,050
$599,600
$745,200

Collier County
FL
$531,250
$680,100
$822,050
$1,021,650

Duval County
FL
$387,500
$496,050
$599,600
$745,200

Flagler County
FL
$287,500
$368,050
$444,900
$552,900

Franklin County
FL
$305,000
$390,450
$471,950
$586,550

Hernando County
FL
$292,500
$374,450
$452,600
$562,500

Hillsborough County
FL
$292,500
$374,450
$452,600
$562,500

Indian River County
FL
$283,750
$363,250
$439,050
$545,650

Lake County
FL
$353,750
$452,850
$547,400
$680,300

Lee County
FL
$356,250
$456,050
$551,250
$685,100

Manatee County
FL
$442,500
$566,450
$684,750
$850,950

Martin County
FL
$375,000
$480,050
$580,300
$721,150

Miami-Dade County
FL
$423,750
$542,450
$655,700
$814,900

Nassau County
FL
$387,500
$496,050
$599,600
$745,200

Okaloosa County
FL
$312,500
$400,050
$483,550
$600,950

Orange County
FL
$353,750
$452,850
$547,400
$680,300

Osceola County
FL
$353,750
$452,850
$547,400
$680,300

Palm Beach County
FL
$423,750
$542,450
$655,700
$814,900

Pasco County
FL
$292,500
$374,450
$452,600
$562,500

Pinellas County
FL
$292,500
$374,450
$452,600
$562,500

St. Johns County
FL
$387,500
$496,050
$599,600
$745,200

St. Lucie County
FL
$375,000
$480,050
$580,300
$721,150

Sarasota County
FL
$442,500
$566,450
$684,750
$850,950

Seminole County
FL
$353,750
$452,850
$547,400
$680,300

Sumter County
FL
$278,750
$356,850
$431,350
$536,050

Volusia County
FL
$303,750
$388,850
$470,000
$584,150

Walton County
FL
$362,790
$441,650
$533,850
$663,450

addthis_url = ‘http%3A%2F%2Fthemortgagegotoguy.com%2Ffha-loan-limits-new-loan-limit-update%2F’;
addthis_title = ‘FHA+Loan+Limits+-+New+Loan+Limit+Update%21′;
[…]

I am so tired of reading this in listings.  Of course the OWNER is motivated… they have to be motivated to undertake a process that will leave their credit in ruin potentially for YEARS.  The Owner is walking away from their HOME and accepting as much as a 250 point derogatory on their credit.  People […]

I know… I know… PreQualifications are part of my job as both a Realtor AND a Mortgage Broker - especially when I am acting as both in a transaction.
The point isn’t that I don’t want to do my job… the point is more about practicality.  It is a GREAT TIME TO BUY! and that […]

I’ve done a few posts on Short Sales in Florida recently because everyone seems interested in them whether they are a buyer or a seller…
From the calls and email I receive, though…it just doesn’t seem like whoever is telling you how to do a short sale is telling you the real consequences.  Be it your […]