FHA HAS JUST INCREASED THEIR LOAN LIMIT IN MANY LOCATIONS
TO over $500,000! This is up over $200K from the previous loan limit. This will allow for better pricing than JUMBO loans up to $500,000.
Can you imagine a JUMBO situation where the debtor doesn’t require to show any skilled possessions and only has to make a 3% down payment, -which can be money contributed from any relative AND their interest rate would be 5.625% on a 30 year loan? (today’s rate) This is nearly a FULL point better than a JUMBO, non-conforming 30 year repaired!
UNREAL. we will be seeing MANY more FHA loans in the following years to come.
Also to assist BOTH Buyers and Sellers. I have an unique program that gives the commission back to the buyer trying to find any type of Real Estate. That’s right, you find the home and I will negotiate the agreement and Real Estate agent will keep $2,500 and the rest will go to YOU! For Sellers I have a Flat Fee listing for $2,500. You will get your home listed on the MLS and Full Service, entirely Marketed listing. Best of all you pay nothing until your house sells.
For loans in Michigan and or Florida, please feel free to call Ken Van, the Mortgage Expert:
Ken Van
NMLS# 138720
800-853-9385
I have many special loan programs that provide the best rates and great terms on many types of loans. Specially on both FHA Loans and Jumbo Loans. That’s right, you will discover the importance of over 20 years of experience in the finance industry and what it can do when it’s put to work for you! You will get great rates, amazing service and someone you can count on for all of your mortgage loan needs!