MORTGAGE MONDAY: FHA LOAN LIMITS RISE FOR 2018

Are you itching to buy a new home but you just don’t have the 20% down payment?  Is your credit score less than stellar?  Here’s a bit of good news for you!  The FHA is raising their loan limits to $679,650 in 2018.  FHA loans make it possible for buyers to purchase a new home with as little as 3.5% down, or credit scores as low as 500.  So what’s stopping you now???  Let’s start looking!

 

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Keith Kaplan

CalBRE #01933707
Sothebys International Realty
9255 Sunset Blvd.
West Hollywood, CA   90069

keith.kaplan@sothebyshomes.com

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