For FHA Mortgage loans in Connecticut dated between October 1, 2011 and December 31, 2011 the maximum loan limits are as follows. For many areas this is a reduction in the maximum loan amount available to FHA borrowers.
|County / #of Units||One Family||Two Family||Three Family||Four Family|
|New Haven County||$305,900||$391,600||$473,350||$588,250|
|New London County||$280,600||$359,200||$434,200||$539,600|
If you would like to know more about FHA mortgages, click on the "what is an FHA mortgage" picture below. FHA Mortgages loans are very popular with first time buyers here in Connecticut as well as nationwide because the offer the opportunity to make a minimal down payment, and get a dependable fixed rate mortgage.
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If you or someone you know is thinking of buying or selling property in Connecticut or is looking to refinance their home in Connecticut -Please give Jon Sigler, Mortgage Banker (NMLS#119288) a call at 860-306-8029. Be sure to check out Jon's website Embrace Home Loans and his blog.
As quoted in the New York Times "A Little-Known Loan Program", and in the Hartford Courant "Moving In:Couple Combining Households Buys In Newington" and "Moving In... New Britain"
Connecticut Magazine 2013, 2014, 2015 Five Star Mortgage Professional Award Recipient
This is not an offer or commitment to lend. Articles, information and commentary are offered for informational purposes only, and should not to be relied on as legal, tax or financial advice. Consumers should retain their own legal, tax and financial professionals for such advice.