In Orange County the new FHA limits were raised from $417,000 to $729,750. This is good news for first time home buyers in Orange County because the FHA loans have special programs for first time home buyers. If you have any questions about down payment assistance programs contact me or visit www.homerealtymanual.com
Another important thing to know about FHA loans is the method of determining your eligibility is factored at a higher debt to income ratio than non conforming loans.
Feel free to contact me about homes for sale on the market right now in Orange County that will qualify for a first time home buyers program.
Aaron Kelly - REMAX of North Orange County
Comments(0)