FHA Loan Limits–Set to Decrease October 1, 2011!

by Teri Ellis on September 6, 2011

As a head’s up for buyers in Maricopa County and other Arizona Counties!

Currently, in Maricopa county, buyers can purchase a home with a minimum of 3.5% at a sales price of $346,250! As of October 1, barring any changes from the government, that amount will be reduced.  In 2008, the loan limits were increased, but these loan limits will revert back to $271,050.

Please remember to login to Homes Arizona Real Estate or call Teri at: 480.382-8711 when needing information about relevant issues in the real estate market!

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