This adjustment in the Limits is may open the door to more Oppertunities. The New maximum amount is $346,250  

ARE YOU READY?

NEW FHA Limits!

                                                                                                                          Maricopa/Pinal counties - $346,250!

•·       No declining value adjustments (This is HUGE!)

· Low down payment and loan to values as high as 97%

· Total down payment can be a gift!

· NO credit score requirements

· FHA loans are assumable

· Seller concessions may be as high as 6%

· No cash reserves required

•·        Bankruptcies allowed after 2 years 

· No income limits or sales price restrictions

•·        Non taxable income (including child support) may be grossed up 25%

· Non-occupying borrowers are allowed with blended ratios (SFR only)

·  Rate and term refinances to 97%

•·         Cash out refinances allowed to 85% or 95%