http://www.senasellsvegas.com/blog/2008/05/21/fha-great-program-for-home-buyers/ Las Vegas, North Las Vegas, Henderson and Boulder City Real Estate News Thu, 29 Jul 2010 21:54:06 +0000 hourly 1 http://wordpress.org/?v=3.0 http://www.senasellsvegas.com/blog/2008/05/21/fha-great-program-for-home-buyers/comment-page-1/#comment-14 Las Vegas Real Estate Blog » Blog Archive » Las Vegas Home Sales - Are we there yet? Sun, 25 May 2008 23:04:41 +0000 http://www.senasellsvegas.com/blog/?p=27#comment-14 [...] FHA lending limits were recently increased to $400,000 in Clark County.  As one of the few available mortgage programs that still allows for 100% financing, FHA mortgages are opening the doors to home ownership for many new buyers.  Otherwise, a borrower applying for a conventional mortgage loan needs to budget a minimum 10% down payment.  Obviously, there are several other qualifying factors that banks consider for approval, such as income, credit, employment history, and residence status. [...] [...] FHA lending limits were recently increased to $400,000 in Clark County.  As one of the few available mortgage programs that still allows for 100% financing, FHA mortgages are opening the doors to home ownership for many new buyers.  Otherwise, a borrower applying for a conventional mortgage loan needs to budget a minimum 10% down payment.  Obviously, there are several other qualifying factors that banks consider for approval, such as income, credit, employment history, and residence status. [...]

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