News for Prescott AZ - AmericanTowns.com

Thursday, February 26, 2009

FHA LENDING LIMITS INCREASED TO $390,000 IN YAVAPAI COUNTY

This is excellent news.

FHA requires only 3.5% down payment, which can be a gift from a family
member.

The seller can pay all of the buyer's closing costs.

The underwriting guidelines are very flexible.

Non occupying family members are allowed to co sign.

Appraisers inspect the property just like a conventional loan and report for
health, safety or structural issues.

For program details or if you have any questions, please feel free give us a
call.

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