Washington FHA Mortgage Loan Limits Low Rate Home Refinance and Purchase Loans
Washington homeowners will benefit from new increased FHA mortgage loan limits with fixed rate refinance loans up to $567,500 in designated high cost areas. Home refinancing has never been easier with cash out loans available up to 95% for qualified borrowers. Washington home values remained flat in 2008 but many real estate experts are predicting rebounding property values in 2009 and 2010.
Borrowers can consolidate their high rate debts cost effectively, because the mortgage rates for the FHA loans are low and fixed for 30 year terms. The Housing of Urban Development raised the Washington mortgage maximum limits for 2008 and the loan changes can be seen below by county.
Having Problems Qualifying for 2nd Mortgage Loans?
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%.
Resource Tools
ARM vs. Fixed Rate Calculator
How does a fixed rate 1st mortgage compare to a variable rate mortgage or an interest only home loan?