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North American Title Insurance Company is a seasoned title insurance underwriter that has been helping customers achieve the American dream of homeownership for more than 50 years. In the past several years, we have become known as the “underwriter next door,� because our associates are always easy to reach and our processes are, at all times, quick and straightforward. Our agency application process is fast and transparent for qualified agents. NATIC offers a one-hour underwriting response guarantee that is unparallelled in our industry. In addition, we value our agents based on their title industry knowledge and experience, not just on profits alone.

HUD Announces 2007 Maximum Mortgage Limits

January 5, 2007

   Related Information
Mortgagee Letter 07-01 -- 2007 Mortgage Limits

Summary: 2007 FHA Maximum Mortgage Limits (Mortgagee Letter 07-01)

This mortgagee letter provides the 2007 comprehensive update to the Federal Housing Administration's (FHA) single-family mortgage limits. The mortgage limits described in this mortgagee letter are effective for those loans endorsed for insurance on or after January 1, 2007, and apply to mortgages insured under the following sections of the National Housing Act (NHA): Sections 203(b)(FHA's basic one to four family mortgage insurance program), 203(h)(mortgages for disaster victims), 203(k)(rehabilitation mortgage insurance), 223(e)(properties in declining areas), and 234(c)(condominium units). For Section 255 (Home Equity Conversion Mortgages), the new loan limits will be effective for all loans closed after January 1, 2007. 

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American Land Title Association
1800 M Street, NW, Suite 300S
Washington, D.C. 20036-5828
P. 202.296.3671 F. 202.223.5843
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