Montgomery County, MD FHA Loan Limit for 2009

On January 21, 2009, in Tips And Advice, by Paul Defngin

2009 FHA loan limits for Montgomery County, MD is currently at $625,500.  Buyers who have limited downpayment only need to have a minimum of  3.50%  for the downpayment.  FHA’s required small downpayment as opposed to 10-15% for a conventional loan makes it relatively easier for a buyer to finance a home in Montgomery County. 

Each counties in the state have different loan limits.  For more on Maryland FHA loans, give me a call at 240-447-2376

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