|Real Estate Glossary|
Maximum Claim Amount|
Your maximum claim amount is the lesser of two figures:
-- Your home's appraised value.
-- HUD 203(b) limit.
The HUD 203(b) limit is the maximum loan amount that FHA will insure for residences in your geographical area. Check with your lender to get the latest figures for your area.
[ Back To Real Estate Glossary ]
Stephanie Smith, REALTOR,
Westfield, New Jersey Real Estate
Antique & Historic Homes
Beach & Waterfront Properties
Coldwell Banker Residential Brokerage,
209 Central Avenue,Westfield, New Jersey 07090
Westfield, NJ Westfield Today
Westfield, NJ Historic Society
Westfield, NJ Chamber of Commerce Westfield, NJ Trader Joe's Westfield, NJ Starbucks
New York City Historical Society
Attention Horse Lovers!
Real Estate Websites by iHOUSEweb, Inc. ®