• Home
  • my Blog
  • for Buyers
    • Buying on Bainbridge
    • Home Buyer Relocation Packet
  • for Sellers
  • the Community
    • the Community
    • Schools
    • Neighborhoods
    • Winslow
    • Bainbridge Island Ferry Commute
    • Recreation
    • Stay & Eat
    • Bainbridge Island Resources
  • about Me
  • just Sold
  • email Me

New FHA Loan Limits for 2009

  • Home
  • my Blog
  • Real Estate Business
  • New FHA Loan Limits for 2009
Jen Pells Real Estate Bainbridge Island
Today on the Market
November 11, 2008
Snow on Bainbridge Island
Yes, This is Bainbridge
December 30, 2008
Show all
November 20, 2008
Categories
  • Real Estate Business
Tags
  • 2008 FHA loan limits
  • 2009 FHA loan limits
  • bainbridge island
  • HUD
  • King County
  • Kitsap County
  • Moving to Bainbridge Island
  • Top Bainbridge Island Buyers Agent
HUD-Logo

As we head towards the end of the year, so too do we head towards the end of beefed up FHA loan limits. In 2009, HUD is establishing these new limits.

In 2009, for Kitsap, they will be cut back considerably to:

1 Unit – $307,050 in 2008 the limit was–>$475,000

2 Unit – $393,050 in 2008 the limit was–>$608,100

3 Unit – $475,150 in 2008 the limit was–>$735,050

4 Unit – $590,500 in 2008 the limit was–>$913,450

Across the water the loan limits will be higher for King County at:

1 Unit – $506,000 in 2008 the limit was–> $567,500

2 Unit – $647,750 in 2008 the limit was–> $726,500

3 Unit – $783,000 in 2008 the limit was–> $878,150

4 Unit – $973,100 in 2008 the limit was–> $1,091,350

How do they come up with these amounts? HUD explains that:

“The Act says that the new FHA loan limits will be set at 115 percent of the median house price in a given area, as determined by HUD, but can not be lower than 65 percent of the conforming loan limit (the national floor). Also, the FHA mortgage limit cannot exceed 150 percent of the national conforming loan limit (the national ceiling).”

For more info visit HUD.

Related posts

11711 Two Creeks Road Sold by Jen Pells Windermere Bainbridge
January 27, 2022

My Top 10 Homes on Bainbridge Island | 2021


Read more
The 2021 Bainbridge Island Real Estate market - How is it for Buyers
February 8, 2021

Buying on Bainbridge & Multiple Offers


Read more
2021 Bainbridge Island Real Estate Market Predictions by Jen Pells Windermere Agent
January 11, 2021

Bainbridge Island 2021 Real Estate Market Predictions


Read more

Search

Subscribe to my blog by email

Latest from my Blog

  • My Top 10 Homes on Bainbridge Island | 2021
  • Bainbridge Island 2022 Real Estate Market Predictions
  • Jen’s 2021 Sales Portfolio
  • New Listing | 8762 NE Winslow Grove Ct.
  • Buying on Bainbridge & Multiple Offers

Tags

Active Listings Bainbridge Island Bainbridge agent Bainbridge Buyer's Agent Bainbridge homes bainbridge housing market 2009 bainbridge island Bainbridge Island Agent Bainbridge Island Buyer's agent Bainbridge Island Farmer's Market bainbridge island homes Bainbridge Island Housing Market Bainbridge Island Little League Bainbridge Island Neighborhoods Bainbridge Island public school Bainbridge Island Real Estate Bainbridge Island Real Estate Market Bainbridge Island Realtor Bainbridge Island Relocation Bainbridge Island Relocation Expert Bainbridge Island Top Buyers Agent Best Bainbridge Agent Best Bainbridge Broker Best Bainbridge Buyer's Agent Best bainbridge island agent Best Bainbridge Island buyer's agent Buying a home on Bainbridge Life on Bainbridge Island Living on Bainbridge Island Moving to Bainbridge Moving to Bainbridge Island Neighborhoods on Bainbridge Island New Listing on Bainbridge Island new listings on bainbridge island New to Bainbridge Island Parks on Bainbridge Island Real estate on Bainbridge Island Recent sales on Bainbridge Island Relocating to Bainbridge Island Things to do on Bainbridge Things to do on Bainbridge Island Things to do with kids on Bainbridge Island Top bainbridge agent Top Bainbridge island Agent Top Bainbridge Island Buyers Agent winslow way

Categories

  • Activities
  • Beyond Bainbridge
  • Coffee
  • Community
  • Events
  • Happy hour
  • Home Tours
  • Homes
  • Listing
  • Market Trends on Bainbridge Island
  • Miscellaneous blog post
  • Moving
  • Neighborhoods
  • Open Houses
  • Parks
  • Personal
  • Photos
  • Real Estate Business
  • Restaurant
  • Schools
  • Shopping
  • Top 10 Homes
  • Top 5
  • Uncategorized
Jen Pells Logo

206.718.4337
jennifer@jenniferpells.com

249 Winslow Way, East
Ste. #400
Bainbridge Island, WA 98110

Windermere Logo

Windermere Real Estate / BI, Inc.

© 2022 Jen Pells. All Rights Reserved.