Hey everyone, I hope you're all doing well and preparing for the holidays. It sure did sneak up on me again this year. Where does the time go? Well I just wanted to give you a quick update that may benefit anyone searching for a home and considering getting an FHA loan.
The Federal Housing Finance Authority (FHFA) has just raised their conforming loan limit by 5.38% to a maximum amount of $510,400. In certain high cost areas, it's even more. This means buyers will have more flexibility (and possibly lower rates) when financing a higher priced home.
I would love to get you in contact with my lending team to see what we can do for you even if you are thinking about refinancing. Please let me know how I can help!
Author:Michael Wynne Phone: 480-760-1166 Dated: December 5th 2019 Views: 1,264 About Michael: I am a licensed REALTOR® in Phoenix, Arizona. I specialize in working with First Time Home Buyers, ...
View our latest blog posts in your RSS reader. Click here to access.
Ian Toner has been a Real Estate Professional for the past 14 years and takes great pride in helping both buyers and sellers with their Real Estate needs, whether it is helping a family purchase a new home or sell their current house. He graduated from Arizona State University with a degree in Criminal Justice but decided right after college that he wanted to sell Real Estate full time. Ian understands this is one of the biggest decisions of your life and with that he brings professionalism along with a vast understanding of the current market here in the valley. He feels that every person and family deserves 110% at all times and makes sure he is there for them day or night. Growing up with great family values has helped hi m transition into being a great Real Estate Professional and he continues to work as hard as possible to make his clients feel comfortable and at ease with their purchase or sale. If you are looking to buy or sell, contact Ian today!