FHA Loan Limit…Not as much as you think!

Only 5% down payment is needed for loans in excess of the FHA limit! That’s right, in Maricopa county, the new FHA loan limit, beginning Jan. 1, 2009, is $271,050.  The minimum down payment for an FHA loan is 3.5%. Many people think that 10% down is needed to get a loan in excess of […]