Finance
The FHA's maximum mortgage limits for Indiana single-family properties in 2024 are generally:
AThe same in all Indiana counties regardless of home prices
BSet by county based on area median home prices, with lower-cost Indiana counties at the national floor limit✓ Correct
CThe same as conventional Fannie/Freddie loan limits
DSet by the Indiana Housing Authority
Explanation
FHA loan limits are set county by county based on area median home prices. Many Indiana counties, having lower home values than high-cost metros, use the national floor limit for FHA loans.
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