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single family residences: Orange County FHA Loan Limits Increase- YEAH! - 03/06/08 12:43 PM
Great news, the new FHA loan limits were released today, ahead of schedule, with little fan-fair.
The new limits for Orange County are:
Single Family Residences: $729,750*2 Family Residences: $934,200*3 Family Residences: $1,129,250*4 Family Residences: $1,403,400 
Single Family Limits for San Diego were increased to $629k and for Riverside they were increased to $500k.
Now it will take a little time to filter down, but this temporary increase, will certainly help home buyers have access to better jumbo loans, which was previously set at $417,000 and help with down payment requirements, currently FHA down payments are at 3%. As well, this should build some … (3 comments)

 
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Kelly Turbeville - Real Estate Possibilities in the Saddleback Valley

Lake Forest, CA

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Real Estate Possibilities in South Orange County, California and the communities in the Saddleback Valley that consist of Portola Hills, Foothill Ranch, Rancho Santa Maragarita, Mission Viejo, Trabuco Canyon and Coto De Caza.
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