The FHA Mortgage Loan Limits have changed for 2009. In most cases the maximum FHA Mortgage Loan amount reverted back to 2008 levels. If you are counting on a low down payment FHA Mortgage Loan, be sure and check the chart to have the confidence that your loan amount is within the Arizona FHA Mortgage [...]
Tags:Arizona·AZ·FHA·Loan Limits
Down Payment Assistance has been a big part of FHA Mortgage Loans for the last 10+ years for First Time Home Buyers. In October 2008 Congress eliminated the Down Payment Assistance Program eligibility for FHA Home Buyers.
Good News for First Time Home Buyers!
Rep. Al Green of AL will be introducing HR-600 on 1-21-09 to [...]
So how much can you borrow with an FHA Loan in Arizona? The FHA Loan is capped with a maximum loan amount as determined by the FHA by County and Metro Area. This is the current table of FHA Loan Lending Limits for FHA Loans in Arizona.
County
Area
Single Family
Home FHA Limit
Duplex
FHA Limit
Triplex
FHA Limit
Fourplex
FHA Limit
Apache
Non-Metro [...]
Tags:Arizona·AZ·FHA·Loan Limits
FHA Mortgage Loans are generally the most attractive loan options on the market in today’s Real Estate environment.
FHA Mortgage Loans have gained popularity among the First Time Home Buyer niche. Specifically due to the fact that:
FHA Mortgage Loans are generally easier to qualify for than conventional loans
Prior credit problems can be explained in a [...]
The federally insured mortgage program provided by HUD normally referred to as FHA has been around for a long time. When I first got into the mortgage business FHA was by and far the number one mortgage program. At the time there were no stated income programs, no option ARM programs, there was no 100% [...]