These are the new FHA limits for the areas indicated. This is GREAT news, as FHA is now and has always been, not only a fabulous option for a first time buyer with limited down payment funds, but an alternative to sub-prime, for many buyers who simply don't qualify for a conventional loan.
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CHARLOTTE-GASTONIA-CONCORD, NC-SC |
|
|
MECKLENBURG |
|
NC |
$303,750 |
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LINCOLNTON, NC |
|
|
LINCOLN |
|
NC |
$271,050 |
|
HICKORY-LENOIR-MORGANTON, NC (MSA) |
|
|
CATAWBA |
|
NC |
$271,050 |
|
CHARLOTTE-GASTONIA-CONCORD, NC-SC |
|
|
UNION |
|
NC |
$303,750 |
|
CHARLOTTE-GASTONIA-CONCORD, NC-SC |
|
|
CABARRUS |
|
NC |
$303,750 |
|
STATESVILLE-MOORESVILLE, NC |
|
|
IREDELL |
|
NC |
$271,050 |
As always, if I can help you or your buyers with a mortgage, please give me a call!
Warmest Regards,
Sharon (Shari) Casini Averette
Senior Loan Officer I Residential and Commercial Lending
First Financial Services, Inc. I 7930 W. Kenton Circle Suite 150 I Huntersville NC 28078
Tel 704.488.3943 I Fax 704.895.2414 I E.Mail Sharon@NCMortgagePro.Net I Website www.NCMortgagePro.Net I Blog http://Blog.NCMortgagePro.Net