FHA announced the forward mortgage loan limits for 2020. The 2020 “floor” and “ceiling” loan limits for a one-unit property are increased to $331,760 and $765,600, respectively (previously set at $314,827 and $726,525). The 2020 “ceiling” for the special exception areas of Alaska, Hawaii, Guam and the Virgin Islands increased to $1,148,400 (an increase from $1,089,787). The forward mortgage loan limits apply to loans with case numbers assigned on or after January 1, 2020.

Rural Housing Service
RHS Revises Chapters 17, 18, and 19 of SFH Guaranteed Loan Program Technical Handbook (HB-1-3555)
RHS issued a SFH Guaranteed Servicing Notice (Notice) announcing revisions to chapters 17, 18, and 19 of the SFH Guaranteed Loan Program Technical Handbook (HB-1-3555).