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Massachusetts FHA Mortgage Loan Limits
Massachusetts homeowners should benefit significantly from new increased FHA mortgage loan limits with fixed rate refinance loans up to $729,050 in designated high cost areas. FHA mortgage loans have no pre-payment penalties and HUD even offers a unique rate and term loan for existing FHA loans, called a streamline. New England home refinancing has never been easier with cash out loans available up to 95% for qualified borrowers. The Housing of Urban Development raised the Massachusetts mortgage maximum limits for 2008 and the loan changes can be seen below by county.
MSA Name |
County Name |
State |
One-Family |
Two-Family |
Three-Family |
Four-Family |
SPRINGFIELD |
HAMPDEN |
MA |
$318,750 |
$408,050 |
$493,250 |
$613,000 |
SPRINGFIELD |
FRANKLIN |
MA |
$318,750 |
$408,050 |
$493,250 |
$613,000 |
SPRINGFIELD |
HAMPSHIRE |
MA |
$318,750 |
$408,050 |
$493,250 |
$613,000 |
BOSTON-QUINCY , MA METROPOLITAN |
NORFOLK |
MA |
$523,750 |
$670,500 |
$810,450 |
$1,007,200 |
BOSTON-QUINCY |
SUFFOLK |
MA |
$523,750 |
$670,500 |
$810,450 |
$1,007,200 |
BOSTON-QUINCY |
PLYMOUTH |
MA |
$523,750 |
$670,500 |
$810,450 |
$1,007,200 |
CAMBRIDGE-NEWTON-FRAMINGHAM |
MIDDLESEX |
MA |
$523,750 |
$670,500 |
$810,450 |
$1,007,200 |
ESSEX COUNTY |
ESSEX |
MA |
$523,750 |
$670,500 |
$810,450 |
$1,007,200 |
PROVIDENCE-NEW BEDFORD-FALL RIVER , |
BRISTOL |
MA |
$475,000 |
$608,100 |
$735,050 |
$913,450 |
BARNSTABLE TOWN , |
BARNSTABLE |
MA |
$462,500 |
$592,050 |
$715,700 |
$889,450 |
NON-METRO |
DUKES |
MA |
$729,750 |
$934,200 |
$1,129,250 |
$1,403,400 |
NON-METRO |
NANTUCKET |
MA |
$729,750 |
$934,200 |
$1,129,250 |
$1,403,400 |
WORCESTER |
WORCESTER |
MA |
$385,000 |
$492,850 |
$595,750 |
$740,400 |
PITTSFIELD |
BERKSHIRE |
MA |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
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