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(2) The loan must be repaid within five years of its inception (unless used to acquire a home that is the participant’s. both of the College of Business, West Texas A&M University, Canyon, Texas.
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Local Loan Limits – Ransom Canyon, TX Loan limit summary. limits for FHA Loans in Ransom Canyon, Texas range from $314,827 for 1 living-unit homes to $605,525 for 4 living-units. Conventional Loan Limits in Ransom Canyon are $484,350 for 1 living-unit homes to $931,600 for 4 living-units. The 2019 home equity conversion mortgage (HECM) limits in Ransom Canyon is $726,525.
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FHA Home Loans in Ransom Canyon, TX. If you are in Ransom Canyon, TX, you would have to choose between the kind of loans mentioned above, which are fixed-rate or adjustable-rate mortgages. However, you would have to choose between the conventional loan. Canyon. number of Texas counties granted individual assistance to 41.