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fha news: New Temporary FHA Loan Limits - 02/25/09 11:48 AM
 
The New Temporary FHA Loan Limits in Maricopa County are:

One family $346,250
Two family $443,250
Three Family $535,800
Four Family $665,850
  For info on increases in other Arizona counties Click on the link below.
 https://entp.hud.gov/idapp/html/hicostlook.cfm 
We will be providing additional information as soon as the details become available to us.  The next announcements are scheduled for March 4th.
Rates and Programs Subject to Change, Call For Current Rates *
                                                                                  "Just leave me a Loan"®
 Thank You,
Jeff A PickeringThe Pickering GroupPhone (623)551-9360Email: jeff@pickeringgroup.com Website: www.pickeringgroup.com
… (2 comments)

fha news: FHA Announces Risk-Based Premiums - 06/16/08 07:15 PM
For the first time in history, credit scores will be utilized in FHA lending. Jeff Mifsud, LTB's FHA expert, encourages everyone to review the important FHA guideline changes that become effective on July 14th, 2008. Let's take a closer look at the ten primary changes to the FHA guidelines:
1. Borrowers with either no score or at least 500 may get an LTV >90%; see matrix below. 2. Borrowers with a score less than 500 get a maximum LTV of 90%. 3. Borrowers without scores will require manual underwriting. 4. Upfront Mortgage Insurance Premiums will range from 1.25% to 2.25%, depending … (2 comments)

 

Jeff Pickering

Anthem, AZ

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Pickering Group

Office Phone: (623) 551-9360

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