Central Maine Blog

The National Assocaition of Realtors applauds the Economic Stimulus package passed by the U.S. Senate last night which includes important provisions that will temporarily raise the FHA loan limits. NAR developed estimates of the temporary FHA and GSE single-family loan limits based on HUD's existing FHA loan limits. Per the economic stimulus measure, HUD is required to publish the official new temporary loan limits within 30 days of enactment. NAR's figures are estimates, not official figures. GSE limits remain $417,000 in Maine. Maine's estimated FHA increases are :

Androscoggin - from $200,160 to $271,050

Aroostook - from $200,160 to $271,050                         

Cumberland - from $256,025 to $336,875

Franklin - from $200,160 to $271,050

Hancock - from $207,100 to $272,500

Kennebec - from $200,160 to $271,050

Knox - from $200,160 to $271,050

Lincoln - from $241,395 to $317,675

Oxford - from $200,160 to $271,050

Penobscot - from $200,160 to $271,050

Piscataquis - from $200,160 to $271,050

Sagadahoc - from $256,025 to $336,875

Somerset - from $200,160 to $271,050

Waldo - from $200,160 to $271,050

Washington - from $200,160 to $271,050

York - from $256,025 to $336,875