Tag: Loan Limits
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FHA Loan Limits Reverted
You may of heard that FHA loan limits were decreased at the end of September. Previously the limit was $346,250 and they reduced it to $271,050. Now it’s back to $346,250 as Congress pass a new spending bill, reported in the WSJ. The FHA website is as I write this post still reflecting the reduced amount. This is good […]
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First Time Buyers
If you are thinking about entering the Arizona real estate market as a first time buyer you may need to adjust your price target for a home a little lower after October 1st. There is a change to the FHA loan limits. Previously the FHA would consider loans up to $346,250 in the county of Maricopa […]