My parents bought our first home in 1955 for $9,000 with an FHA loan. It's almost inconceivable to think of a home costing that today. As a result, FHA periodically changes its mortgage limits. As of January 1, 2009, the maximum mortgage limit in high-cost areas is 115% of local median prices, not to exceed $625,500.
Sponsored Topics. Sherwood is a city in Pulaski County, Arkansas, United States, and a suburb of Little Rock. According to 2005 Census Bureau estimates, the population of the city was 23,149. Since then, the city has annexed the neighboring community of Gravel Ridge following voting in early 2008, and Sherwood's population as a result has increased.
As of the 2016 Census Estimate, the city proper had a total population of 65,300, making Conway the seventh largest city in Arkansas. Central Arkansas, the Little RockâNorth Little RockâConway, AR Metropolitan Statistical Area, is ranked 75th largest in the United States with 734,622 people in 2016. Conway is part of the larger Little RockâNorth Little Rock, AR Combined Statistical Area, which in 2016 had a population of 905,847, and ranked the country's 60th largest CSA.