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FHA’s 2019 minimum national loan limit, or floor, of $314,827 is set at 65% of the national conforming loan limit of $484,350. This floor applies to those areas where 115% of the median home price is.
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Forty percent of the loans were for emergency car repairs, while 31 percent were for home repairs, and 26 percent went for medical emergencies. More than 80 percent said they would consider using the.