North Carolina FHA Mortgage Loan Limits Low Rate Mortgage Refinancing and 3% Down Home Purchase Loans
Thousands of North Carolina homeowners will benefit from new increased FHA mortgage loan limits with fixed rate refinance loans up to $331,250 in designated high cost areas. Carolina home refinancing has never been easier with cash out loans available up to 95% for qualified borrowers. These fixed mortgage rates offer a hedge against inflation because even if the economy tanks and the interest rates spike, you are protected with government insured fixed FHA loans. The Housing of Urban Development raised the North Carolina mortgage maximum limits for 2008 and the loan changes can be seen below by county.
There are so many external factors involved with home mortgage rates that we strongly suggest not trying to time the market. Usually, consumers end up refinancing with a higher rate mortgage because they waited too long for the interest rates to drop.
If you can reduce your monthly mortgage payment today then we suggest refinancing into a fixed rate loan and consider the cash out options. Talk with one of our North Carolina mortgage lenders today about locking your rate.
Name
County Name
State
One-Family
Two-Family
Three-Family
Four-Family
HICKORY-LENOIR-MORGANTON
BURKE
NC
$271,050
$347,000
$419,400
$521,250
HICKORY-LENOIR-MORGANTON
CATAWBA
NC
$271,050
$347,000
$419,400
$521,250
HICKORY-LENOIR-MORGANTON
CALDWELL
NC
$271,050
$347,000
$419,400
$521,250
HICKORY-LENOIR-MORGANTON
ALEXANDER
NC
$271,050
$347,000
$419,400
$521,250
WILMINGTON
PENDER
NC
$303,750
$388,850
$470,000
$584,150
WILMINGTON
BRUNSWICK
NC
$303,750
$388,850
$470,000
$584,150
WILMINGTON
NEW HANOVER
NC
$303,750
$388,850
$470,000
$584,150
ROCKINGHAM
RICHMOND
NC
$271,050
$347,000
$419,400
$521,250
DURHAM
DURHAM
NC
$331,250
$424,050
$512,600
$637,000
DURHAM
ORANGE
NC
$331,250
$424,050
$512,600
$637,000
DURHAM
PERSON
NC
$331,250
$424,050
$512,600
$637,000
DURHAM
CHATHAM
NC
$331,250
$424,050
$512,600
$637,000
LINCOLNTON
LINCOLN
NC
$271,050
$347,000
$419,400
$521,250
ELIZABETH CITY
CAMDEN
NC
$729,750
$934,200
$1,129,250
$1,403,400
ELIZABETH CITY
PASQUOTANK
NC
$729,750
$934,200
$1,129,250
$1,403,400
ELIZABETH CITY
PERQUIMANS
NC
$729,750
$934,200
$1,129,250
$1,403,400
NEW BERN
JONES
NC
$271,050
$347,000
$419,400
$521,250
NEW BERN , NC (MICRO)
CRAVEN
NC
$271,050
$347,000
$419,400
$521,250
NEW BERN
PAMLICO
NC
$271,050
$347,000
$419,400
$521,250
WINSTON-SALEM
DAVIE
NC
$271,050
$347,000
$419,400
$521,250
WINSTON-SALEM
STOKES
NC
$271,050
$347,000
$419,400
$521,250
WINSTON-SALEM
YADKIN
NC
$271,050
$347,000
$419,400
$521,250
WINSTON-SALEM
FORSYTH
NC
$271,050
$347,000
$419,400
$521,250
MOUNT AIRY
SURRY
NC
$271,050
$347,000
$419,400
$521,250
BOONE
WATAUGA
NC
$285,000
$364,850
$441,000
$548,050
FOREST CITY
RUTHERFORD
NC
$271,050
$347,000
$419,400
$521,250
NORTH WILKESBORO
WILKES
NC
$271,050
$347,000
$419,400
$521,250
LUMBERTON
ROBESON
NC
$271,050
$347,000
$419,400
$521,250
ROANOKE RAPIDS
HALIFAX
NC
$271,050
$347,000
$419,400
$521,250
ROANOKE RAPIDS
NORTHAMPTON
NC
$271,050
$347,000
$419,400
$521,250
THOMASVILLE-LEXINGTON
DAVIDSON
NC
$271,050
$347,000
$419,400
$521,250
GOLDSBORO
WAYNE
NC
$271,050
$347,000
$419,400
$521,250
GREENSBORO-HIGH POINT
GUILFORD
NC
$271,050
$347,000
$419,400
$521,250
GREENSBORO-HIGH POINT
RANDOLPH
NC
$271,050
$347,000
$419,400
$521,250
GREENSBORO-HIGH POINT
ROCKINGHAM
NC
$271,050
$347,000
$419,400
$521,250
SOUTHERN PINES-PINEHURST
MOORE
NC
$271,050
$347,000
$419,400
$521,250
WILSON
WILSON
NC
$271,050
$347,000
$419,400
$521,250
SANFORD
LEE
NC
$271,050
$347,000
$419,400
$521,250
STATESVILLE-MOORESVILLE
IREDELL
NC
$271,050
$347,000
$419,400
$521,250
CHARLOTTE-GASTONIA-CONCORD , NC -SC
ANSON
NC
$303,750
$388,850
$470,000
$584,150
CHARLOTTE-GASTONIA-CONCORD , NC -SC
UNION
NC
$303,750
$388,850
$470,000
$584,150
CHARLOTTE-GASTONIA-CONCORD , NC -SC
GASTON
NC
$303,750
$388,850
$470,000
$584,150
CHARLOTTE-GASTONIA-CONCORD , NC -SC
CABARRUS
NC
$303,750
$388,850
$470,000
$584,150
CHARLOTTE-GASTONIA-CONCORD , NC -SC
MECKLENBURG
NC
$303,750
$388,850
$470,000
$584,150
SALISBURY
ROWAN
NC
$271,050
$347,000
$419,400
$521,250
ALBEMARLE
STANLY
NC
$271,050
$347,000
$419,400
$521,250
ROCKY MOUNT
NASH
NC
$271,050
$347,000
$419,400
$521,250
ROCKY MOUNT
EDGECOMBE
NC
$271,050
$347,000
$419,400
$521,250
SHELBY
CLEVELAND
NC
$271,050
$347,000
$419,400
$521,250
BURLINGTON
ALAMANCE
NC
$271,050
$347,000
$419,400
$521,250
Podcast: Loan Talk "Refinancing with FHA Mortgage Loans"
Press Play To Hear Podcast
Nationwide Mortgage Loans rolls out new refinance loans with FHA Mortgage Programs that allow higher home loan limits with additional cash out options for refinancing to 95%.
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