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Montana FHA Loan Limits going down in 2009

Donald L. Plunkett, Jr. Donald L. Plunkett, Jr.

We received a note from Western Security Bank in Billings that the FHA limits for Yellowstone County are going down to $271,050 in 2009 (from $292,250)  If your home is in the upper $200’s to low $300’s, you need to seriously consider listing your property now before the potential negative impact of this change.  There is still time to get a property listed, under contract, in escrow for around 30 days, and sold by the end of the year.

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