FHA Loan Limits for Los Angeles County and Orange County - Long Beach Real EstateFHA Loan Limits for Los Angeles County and Orange County - Long Beach Real EstateLong Beach Real Estate News
New FHA Loan Limits
Los Angeles County and Orange County FHA loan limits decreased on January 1, 2009. The FHA has now restored the higher limits in both Los Angeles and Orange Counties. What does that mean to todays Long Beach home buyers? This means that buyers can qualify for higher loans on homes once again. This is true for all residential loans, including; homes, condos and residential investment property under 4 units.
FHA Loan Limits for other areas of California and other States can be found here. Real estate is almost always a good purchase. Now is a very good time to consider purchasing a Long Beach Home, Condo or Income Property. Interest rates are very low and loans are available, both through FHA and conventional means. Conventional loans are becoming more expensive to attain. Recently lenders have begun to demand 10% down payments forcing more buyers into FHA loans. As the year moves on do not be surprised if the lenders increase that 10% to a higher number. If you have been sitting on the fence call us today to discuss your needs and wants. We are always here for you. Call Laurie (562) 212-5420
Long Beach Home Buyer Tips
http://www.longbeachrealestatehome.com/0062EE
Posted on March 04, 2009 18:00:00 by Laurie Manny
 Laurie Manny  1 feedback »
Comment from: Jay [Visitor] · http://www.miamism.comLaurie Great Post.  Permalink November 19, 2008 17:11:38Comment on this article This post has no comments awaiting moderation. |
To begin your search for the perfect home or to sell your home in the Long Beach area, begin your journey by calling Laurie Manny at (562) 212-5420.
