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Home » Store » News » Proposed Bipartisan Legislation Would Raise FHA Loan Limit to Median House Prices in High-Cost Markets

Proposed Bipartisan Legislation Would Raise FHA Loan Limit to Median House Prices in High-Cost Markets

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Bipartisan legislation that could potentially increase FHA business by billions of dollars in states where median home prices are higher than the rest of the country was introduced in Congress last week. H.R. 4110, the “FHA Single Family Loan Limit Adjustment Act,” would allow FHA loan limits in high-cost areas to go up to 100 percent of median area sales
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