Does The FHA Loan Limits Affect You

Dated: 12/10/2013

Views: 925

The Federal Housing Administration recently announced that as of January 1st 2014, single family housing loan limits will be reduced in many counties across the United States.

Here in Maricopa County the loan limit will be reduce from $346,250 to $271,050 for FHA. THis is to reduce the risk of potential defaults on higher loan amounts. However buyers do have other options, many lenders offer a 5% down conventional loan. If you are unsure of your options, talk to a professional who can guide you. We are glad to put you in contact with one of our lender partners to figure out what works best for you. 
Joan Kilbey
Solutions Real Estate
You can see homes that still qualify for FHA funding below.

Click here for all the results

Want to Advertise on this Site?

Latest Blog Posts

Las Sendas Community In Mesa Arizona

Las Sendas Community In Mesa ArizonaHere is a quick little video I did showing the community of Las Sendas in Mesa ArizonaHere are some Las Sendas Home for Sale -!!!

Read More

560 Free Online Courses From Over 200 Universities

560 Free Online Courses From Over 200 Universities***Reposted with permission of freeCodeCamp - in it's entirety with no changesIf you haven’t heard, universities around the world offering their

Read More

Expired Real Estate Listings

When a listing expires, every seller has four options. That’s whenyou’ll see the described human behavior patterns come into play. 1. Re-list with their current real estate professional;

Read More

Building Permits On The Rise Signals Time To Sell

The number of building permits issued for single-family homes is the best indicator of how many newly built homes will rise over the next few months. According to the latest U.S. Census Bureau

Read More