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Old Town Real Estate, LLC
538 Bedford Street
P.O. Box 188
Abington, MA 02351
(781) 878-5701 Office
(781) 871-9598 Fax

 
 
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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.

 

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Old Town Real Estate,LLC
538 Bedford Street
P.O. Box 188
Abington, MA 02351
(781) 878-5701 Office
(781) 871-9598 Fax

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