3 ms·
Where are you getting those numbers? Looking at https://entp.hud.gov/idapp/html/hicostlook.cfm https://entp.hud.gov/idapp/html/hicostlook.cfm I see the majori
by wavefunction 10y ago
Where are you getting those numbers?
Looking at https://entp.hud.gov/idapp/html/hicostlook.cfm https://entp.hud.gov/idapp/html/hicostlook.cfm
I see the majority of FHA limits in Texas (including 'hot markets' like Austin) for a one family house are $271,000.
The average home price in Austin for a single family residence is $334,000.
- toomuchtodo 10y agohttps://www.fanniemae.com/singlefamily/loan-limits https://www.fanniemae.com/singlefamily/loan-limits Note: Those are conventional financing limits. Anything above that ($417,000 nationwide, with exceptions as high as $625,500 in certain high-priced markets) is considered a "jumbo" loan, and is typically not government/GSE backed.