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It’s Official! Illinois 2008 FHA Loan Limits to Rise!

Posted by madisonmortgage on March 12th, 2008

FHA has increased the limits on loans they will fund to $410,000 for single family homes in Cook, Dupage, Dekalb, Grundy, Kane, Kendall and Lake counties.

The increase should provide some relief for homeowners paying adjustable or high mortgage rates.

The measure is temporary, and will be available until the end of 2008.

Visit http://www.madisonmortgageguys.com/announcements/FHA_loan_limits.htm for details.

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