FHA Loan Limits Increased! Good News for Las Vegas Real Estate!

by Doug Yates on February 26, 2009

FHA has come to the table and increased the maximum loan limit to $400,000.  This opens up an enormous opportunity for those wanting to purchase a primary home in Las Vegas without having to cough up a large down payment!  Now you may purchase your dream home for only 3.5% down payment!  FHA offers the most lenient credit qualifications in the industry!

With prices at all time lows,  many people that thought they couldn’t buy a home are actually qualifying!!  As Las Vegas has been hit the hardest with foreclosures and many more trying to short sale their homes,  it’s no wonder why Las Vegas Real Estate investors are out in full bloom!  There hasn’t been a better time to buy a home than NOW!  So call us and let us find you a home today!

{ 1 comment… read it below or add one }

Barry Cox March 8, 2009 at 11:59 am

This is great news as we just received a increase in FHA loan limits in AZ as well. It will definitely bring some more buyers to the table.

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