FHA Loan Limit Update

The FHA has updated their loan limits effective for case numbers assigned on or after January 1, 2017. Mortgagee Letter 2016-20 explains the changes and provides relevant links, and can be found at the following website:
http://portal.hud.gov/hudportal/HUD?src=/program_offices/administration/hudclips/letters/mortgagee

The FHA reverse mortgage (HECM) loan limits have also been updated for 2017. See Mortgagee Letter 2016-19 at the website noted above for details.