Robin Camacho
Las Vegas Real Estate
David McKee
Stiffs & Georges
Jean Scott
Frugal Vegas
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Posted At : March 6, 2008 3:59 PM | Posted By : R Camacho
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Good news, Readers. FHA loan limits for the Las Vegas area have just been raised to $400,000. FHA loans are for first-time homebuyers, so if you are getting ready to help your kids buy a home, this could help you out. FHA loans require only 3% for a down payment.
Lenders can't do these loans at the higher limit today, but many are gearing up to be able to offer these by the end of the month. The $400,000 cap is for Clark County; click here to check loan limits in your area.
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