FHA Loan Limit News Flash
If home shoppers are wanting to borrow more than $271,050 with an FHA Loan in Maricopa county, AZ, thay need to buy NOW, before January 1.
Starting January 1st, 2014 the FHA loan limit in Maricopa County, Arizona for a single family residence will decrease from the current maximum loan limit of $346,250.00 down to a maximum loan limit of $271,050.00.
The new loan limit will apply to all FHA case numbers issued on or after 01/01/2014.
A purchase price of $280,850.00 will keep a buyer at 3.5% down when considering the $271,050.00 maximum loan limit.
If you are a home buyer looking for an FHA loan in Maricopa county call me with any questions, 480-220-3275
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