Proposal to Raise FHA Loan Down Payment

by Gary and Lisa Schoeffler on May 24, 2011

in Latest News

If you or anyone you know is thinking about buying….NOW is the time.  The minimum downpayment for an FHA loan was 3%, then 3.5% now it maybe raised to 5%!  Interest rates are still hovering around record lows.  AND the high balance loan limit is getting ready to come down from $729,750 to $625,500.  DON’T WAIT and miss an amazing buying opportunity!

Lisa Schoeffler, CRS, ASP
Prudential California Realty
A member of HomeServices of America, Inc.
a Berkshire Hathaway affiliate

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Post by Gary and Lisa Schoeffler

Gary and Lisa Schoeffler are Ventura Real Estate Professionals specializing in residential real estate. Their expertise in helping both buyers and sellers is widely recognized in Ventura County. How can they assist you today? Wondering what the market is like? Call them, they will be happy to talk with you about it. 805-320-4472

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