Home sale prices have risen substantially during the past 12 months, requiring larger mortgages bound in many cases by loan limits.
In response, FHA (Federal Housing Finance Authority) released slightly improved limits for 2017. FHA mortgage loan limits will rise from $417,000 to $424,100. The super conforming limit will increase from $625,500 to $636,150, with regional variations. FHA loan parameters are slated to increase from $271,050 to $275,665.
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District of Columbia
Serving the neighborhoods of NW DC, NE DC, SE DC and SW DC including Dupont Circle, Logan Circle, Crestwood, Capitol Hill, H Street, Kalorama, Mt. Pleasant, Columbia Heights, Georgetown, West End, Burleith, Foggy Bottom, Shaw, LeDroit Park, Bloomingdale, U Street, Penn Quarter, Mt. Vernon Triangle, Palisades, Chevy Chase, Friendship Heights, Barnaby Woods, American University Park, Observatory Circle, Forest Hills, Woodley Park, FoxHall, 14th Street Corridor, U Street Corridor, Meridian Hill, Hill East, Barracks Row, Eastern Market and portions of Northern Virginia including Arlington, Alexandria, McLean, Great Falls, Fairfax, Vienna, Falls Church.
The Isaacs Team LLC
Evers & Company
1509 22nd St NW DC 20037
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