The Federal Housing Authority has announced that FHA loan limits are remaining the same for 2015.
In New Orleans (and the surrounding parishes), the limits are as follows:
- Single family home = $271,050
- Double/Duplex = $347,000
- Triplex (3 plex) = $419,425
- 4 plex = $521,250
FHA loans require only a 3.5% down payment, making them the financing option of choice for many buyers.
Need an experienced FHA lender in New Orleans? Call us at 504-327-5303 and we’ll share our list of folks that can get the job done.
Searching for the right place in New Orleans to call home? We’ve got them all, right here. Thousands of homes for sale, experienced agents and someone waiting to help you today. Call us at 504-327-5303 or contact us here.