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Scrooge Visits the Inland Empire!

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Real Estate Agent with Professional Realty Services® #01704162
Scrooge Visits the Inland Empire!

Home buyers in Corona, Norco, Riverside and surrounding areas are getting an early visit from Scrooge! The FHA has LOWERED its loan limits in our area. Beginning January 1, 2014, the maximum loan amount will fall from $500,000 to $355,350.

If you are going to buy a home in Riverside or San Bernardino Counties, and you want to use an FHA loan, this affects you. NOW is the time to get your loan approved and get out there and find your home before the new lower loan limits take effect.

Call me, I can help you get started on the path to home ownership TODAY!Corona Real Estate
Posted by

corona realtor 

Liane Thomas, REALTOR®
CDPE, SFR, SRES
Professional Realty Services®
CA BRE #01704162
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Serving Corona, Norco, Riverside, Lake Elsinore
and surrounding Southern California Communities.
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Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

This reduction in loan limits will hurt many people. I closed many loans over the last few years, that I will no longer be able to do. The FED is squeezing more and more potential home buyers out of the market.

Dec 10, 2013 04:23 AM
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

Oops!  This not good news for buyers in many areas of the country, but they still have time to finance with FHA if they hurry.

Dec 13, 2013 02:22 AM