Go to the Web site of the U.S. Department of Housing and Urban Development (HUD), Federal Housing Administration (FHA). The site contains information on insurance limits on the page “fha mortgage...

FEDERAL HOUSING ADMINISTRATION
Statement showing Comparison of Insurance Limits:
PARTICULARS ATLANTA, GEORGIA ALPINE, CALIFORNIA
FHA Forward
One- Family $ 271,050.00 $ 547,500.00
Two- Family $ 347,000.00 $ 700,900.00
Three- Family $ 419,425.00 $ 847,200.00
Four- Family $ 521,250.00 $ 1,052,900.00
Fannie/ Freddie
One- Family $ 417,000.00 $ 463,450.00
Two- Family $ 533,850.00 $ 593,300.00
Three- Family $ 645,300.00 $ 717,150.00
Four- Family $ 801,950.00 $ 891,250.00
EFFECT:
The size of the housing market has increased with the establishment of the Federal Housing
Administration. By convincing lenders, and by changing and standardizing mortgage instruments
and procedures, the...