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What if the average home price is above the FHA loan limit for my area. Are the FHA loan limits changing for this program?

April 26, 2017area average changing FHA Home limit limits loan price program

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What if the average home price is above the FHA loan limit for my area. Are the FHA loan limits changing for this program?

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FHA’s geographical loan limits and how much it can insure are established by law. Although the FHA insured mortgage cannot exceed those loan limits, when a lender is willing to combine a first and second mortgage, the amount of the second could exceed the maximum loan limit for your area.