Washington Report

Advocacy Updates from Washington D.C.

FHA Loan Limits Appeals Extended

On Dec. 20, 2013, the Federal Housing Administration (FHA) announced a 25-day extension for communities who wish to request a change to high cost area loan limits.  The new deadline for appeals is Jan. 31, 2014. The National Association of REALTORS® and other industry groups urged HUD to extend this deadline.  This will allow communities more time to present data to HUD which could result in a reevaluation of loan limits for a particular area.

Details for appealing loan limits are included in Mortgagee Letter 2013-43.

FHA Notice of Extension

FHA mortgagee letter implementing the limits

FHA loan limit lookup (be sure to use the correct year)

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