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.
Other portions of Sherwood Park extend beyond Yellowhead Trail and Wye Road, while Highway 216 (Anthony Henday Drive) separates Refinery Row to the west from the balance of the hamlet to the east. Sherwood Park was established in 1955 on farmland of the Smeltzer family, east of Edmonton. With a population of 68,782 in 2015, Sherwood Park has enough people to be Alberta's seventh largest city, but technically retains the status of a hamlet.