Posted by Ed Garcia on December 12, 2002 at 09:20:30:
Pete,
The reason FHA has loan limits is because it’s to assure that an American can own a home and become a home owner, not live in luxury.
Ed Garcia
loan limits - Posted by pete
Posted by pete on December 12, 2002 at 08:41:20:
Why does the FHA have loan limits?
If I borrow money exceeding the loan limits, what are the disadvantages besides having a higher interest rate than under the loan limits?
thanks,
Pete