In an effort to continue stabilizing home values, Acting Federal Housing Administration (FHA) Commissioner Carol J. Galante has today extended FHA’s temporary waiver of the … Continue Reading...
It’s Official – FHA Loan Limit of $729,750 is Back! No Such Luck for Fannie/Freddie!
November 18, 2011 By 1 Comment
Just few hours back, President Obama signed a bill reinstalling the FHA Jumbo Limit back for several high cost counties in California to $729,750 (from the recently reduced … Continue Reading...
Breaking News : $729,750 Loan Amount for Conforming and FHA is Coming Back
October 22, 2011 By Leave a Comment
Rejoice California Homebuyers and Home Owners - The $729,750 Loan Amount Limit for Conforming and FHA Loans could be coming back. These loan amounts were rolled back to $625,500 … Continue Reading...
FHA Loan without Mortgage Insurance – Yes! It’s Possible.
September 27, 2011 By Leave a Comment
Yes it is possible to get a California FHA Loan without paying for the annual Mortgage Insurance (MI). While you will still pay the Upfront Mortgage Insurance Premium of 1%, the … Continue Reading...
Bye Bye $729,750! Welcome Back $625,500 (Sigh!)
August 30, 2011 By 1 Comment
Bay Area Conforming and FHA Loan Limit goes down These loan amounts over $417,000 are known by several names like - Loan Limits for High Cost Areas, Super Conforming Loans, … Continue Reading...