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Change in Maximum Income and Sales Price/Loan Limits

To:  VHDA Originating Lenders

Re: Change in Maximum Income and Sales Price/Loan Limits

Date: August 11, 2014

VHDA Maximum Income and Sales Price limits have changed.  New limits are effective with loans locked beginning August 11, 2014

Most area limits have increased slightly.  Several areas have been reduced due to a change in the area MSA or reduction in limits imposed by HUD or the Department of Treasury for Mortgage Revenue Bonds.

The following areas will now be included in the Statewide Limits:
  Winchester/Frederick County
  Cumberland County
  King and Queen County
  Essex County
  Louisa County
  Surry County

Revised limits may be viewed by clicking here.

Please contact the Homeownership Department if you have any questions regarding these changes.

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