Category: Mortgage Texas

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Local Loan Limits – Ore City, TX Loan limit summary. limits for FHA Loans in Ore City, Texas range from $314,827 for 1 living-unit homes to $605,525 for 4 living-units. Conventional Loan Limits in Ore City are $484,350 for 1 living-unit homes to $931,600 for 4 living-units. The 2019 Home Equity Conversion Mortgage (HECM) limits in Ore City is $726,525.

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Ore City, TX – Niche – Ore City is a town in Texas with a population of 1,219. Ore City is in Upshur County. Living in Ore City offers residents a suburban feel and most residents own their homes. Many retirees live in Ore City and residents tend to be conservative. The public schools in Ore City are above average.

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FHA loan limits to increase in most of U.S. in 2019 – 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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