Monday, November 10, 2008

2009 FHA & FANNIE/FREDDIE LOAN LIMITS

The 2009 loan limits were announced Friday for Fannie Mae, Freddie Mac and FHA.

Effective January 1, 2009:


  • CLARK COUNTY FHA - $287,500 (down from $400,000)
  • CLARK COUNTY FANNIE / FREDDIE - $417,000 (no change)
  • NYE COUNTY FHA - $271,050 (down from $325,000)
  • NYE COUNTY FANNIE / FREDDIE - $417,000 (no change)

If you have buyers looking to put down less than 10% and they are looking for a home priced over $296,000, they need to find a home quickly.

Loans must be locked by 12/13/2008 and fund by 12/31/2008. No exceptions.