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[DOC File]Section I: Introduction - HUD
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In early March 2008, FHA announced higher temporary loan limits to meet the requirements of the Economic Stimulus Act of 2008. FHA’s single-family national loan limit ceiling and floor for 2008 were revised to $729,750 and $271,050 respectively.
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[DOC File]Section I: Introduction - HUD
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Section I: Introduction. The Cranston-Gonzalez National Affordable Housing Act (NAHA), enacted in 1990, mandated that the Federal Housing Administration's (FHA's) Mutual Mortgage Insurance (MMI) Fund maintain a capital ratio of 2.00 percent starting from October 1, 2000.
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[DOC File]19-2 LifeMatters - Empathia
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FHA loans. Low to moderate income borrowers may qualify for a Federal Housing Administration (FHA) loan, which allows for a much smaller down payment. Qualified buyers will also need private mortgage insurance (PMI), which will increase the monthly payment by a small amount. Once some equity builds up, the PMI can be discontinued.
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How much is pmi on fha loan