Earlier this month the Federal Housing Administration (FHA) issued
a press release regarding 2018 Loan Limits, which saw increases in 3,145 counties across the country, including the four counties within the
GBAR jurisdiction (Middlesex, Norfolk, Plymouth and Suffolk) as well as neighboring Essex County. Within our jurisdiction, the loan limit for single-family homes will increase to $603,750 in 2018, a 9.6 percent increase from the 2017 limit of $598,000. Similarly, the two-family home limit also increased 9.6 percent for next year to $772,900, up from $765,550 in 2017.
Click here for a full list of loan increase in all counties nationwide.