FHA Loan Limits announced for 2014

In case you missed it HUD announced the 2014 county-by-county loan limits for 2014.  As you will see the maximum loan limits decreased for most all counties across the region.  HUD is continuing their efforts to reduce their participation on the “private” mortgage market.  Traditionally HUD increases the exposure of the marketplace to FHA loans in a counter-cyclical fashion.  When the housing market is having trouble they lower the barriers the entry and when the housing market is strong they make it less attractive.  We are currently in the latter phase.  Here are the county-by-county loan limits for Oregon & Washington: Oregon:2014FHAORWashington State:


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