FHA announced the forward mortgage loan limits for 2018. The 2018 “floor” and “ceiling” loan limits for a one-unit property are increased to $294,515 and $679,650, respectively (rather than $275,665 and $636,150). The 2018 “ceiling” for the special exception areas of Alaska, Hawaii, Guam and the Virgin Islands is $1,019,475. The forward mortgage loan limits apply to loans with case numbers assigned on or after January 1, 2018.
FHA
FHA Waives Early Payment Default Review Requirements for Properties Impacted by California Wildfires
FHA issued a waiver regarding early payment default review requirements for properties impacted by the California wildfires. FHA currently requires lenders to select all early
April 2, 2025
