February Events

Feb. 22  Board of Directors Meeting                             
10 AM 
                Mt. Pleasant County Club

March Events

Mar. 10 Spring Ahead                                                 Turn your clocks up 1 hour

Mar. 17 Happy St. Patrick’s Day!

Mar. 21 Board of Directors Meeting

2019 FHA Loan Limits

FHA Announces 2019 Loan Limits

On Dec. 14, 2018, the Federal Housing Administration (FHA) released its 2019 Loan Limits, effective January 1, 2019. FHA's loan limits are tied to the loan limits set by the Federal Housing Finance Agency for conventional mortgages. In high-cost areas the FHA national loan limit "ceiling" will increase to $726,525 from $679,650. FHA will also increase its "floor" to $314,827 from $294,515. Alaska, Hawaii, Guam, and the Virgin Islands have a special exception ceiling of $1,089,787 to account for higher costs of construction. Loan limits increased in 3,053 counties and remain unchanged in 181 counties. No jurisdictions faced a decrease in loan limits. Increases in median house prices across the country accounted for the increase in loan limits for 2019.

Any community that wishes to contest its loan limit must submit an appeal to FHA's Santa Ana Homeownership Center no later than January 14, 2019.


A New Way for Prospective Home Buyers to Start Saving for Their First Home In Iowa.


The Iowa legislature recently passed a law that allows individuals or couples to save money in a 10-year tax-deductible savings account to go toward the purchase of a home.

Annual contributions have no limit, however, tax deductions are capped at contribution totals of $4,000 for married joint filers and $2,000 for all other filers.

Individuals and couples qualify for this program as long as they haven’t owned a home of any kind for at least three years.

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