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.
The last official census in the United States of America was carried out in 2010, when the population was calculated as 2,915,918, making Arkansas the 32nd largest state in the US. When the official Census estimates were released for 2015, Arkansas' total had grown by just over 60,000 people to 2,978,204.