Finance
The maximum FHA loan limit for a single-family home in high-cost areas of Massachusetts (such as Boston metro) is set by:
AThe Massachusetts Division of Banks
BHUD/FHA, based on area median home prices, and updated annually✓ Correct
CThe Board of Registration of Real Estate Brokers
DFannie Mae and Freddie Mac guidelines only
Explanation
FHA loan limits are established by HUD and vary by geographic area based on local median home prices. High-cost areas like Boston metro have higher FHA loan limits than the national floor.
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