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Conventional and Fha Mortgage Loan Limits
30 December 08 11:13 AM
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Alberto Pacheco
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One big thing that stands out in Declining markets (most of California) 1. Max LTV 90% 2. Minimum FICO 720 3. Max loan amount $417,000 Lets Contrast that with FHA 1. Max LTV 96.5% 2. Most investors are going with 580 minimum fico 3. Max loan amount $625,500
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10 REASON WHY FIRST TIME HOME BUYERS WILL USE FHA LOANS
11 April 08 04:56 PM
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Alberto Pacheco
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There are many reasons why First Time Home Buyers are going to use FHA Loans: 1.- It is not totally based on the credit / Fico Score 2.- Low Down Payment 3.- Closing Cost can be provided by the Home Seller or anybody.else 4.- Not all collections need
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