Hampton Roads Maximum FHA Loan Amounts

Dated: 10/01/2011

Views: 896

With all the new hoopla over FHA decreasing loan limits  Oct 1st, the new amounts are as follows for Hampton Roads cities:

Chesapeake, Virginia Beach, Norfolk, Newport News, Suffolk, Portsmouth, Hampton, and Williamsburg

Maximum FHA loan amounts for  the area:                                 

One family home up to $458,850

Two family home up to $587,400

Three Family home up to $710,050

Four Family Home $882,400

It makes since home prices declined so the loan price declined.  FHA loans require a minimum 3.5% down.   Virginia Housing Development Administration VHDA has a program that may allow buyers to finance the down payment creating a 100% loan program.  Buyers must meet certain income and debt guidelines.  For more info on either program contact me!


DEE DEE JONES 757-831-8294  

[email protected]  


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Alycia Jordan

Having lived in other cities, such as Cleveland and Idaho Falls, I only appreciate Hampton Roads that much more. Why? Because from almost anywhere in our area, a beach is only about a 20 minute dri....

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