News for Prescott AZ - AmericanTowns.com

Friday, September 02, 2011

FHA Limit DROP-- URGENT

Hi Everyone, I wanted to make sure you had all seen this. Looks like our
limit went from 390,000 to 271,050 ouch. This is an important note to our
clients especially those shopping. Conventional regular loans are next on
the list. We don't know the new number yet but it could well be in the
270,000 range. That means above 270,000 will be the new Jumbo! That will
hurt. So for all those buyers on the fence now is the time!!

THIS DOENST TAKE EFFECT ON FHA UNTIL 10/1 we still have time HURRY. Anyone
shopping in that 390 FHA range??

MORTGAGES BY MEGHAN

Meghan Knoy Ottmann- Licensed Mortgage Professional

NMLS 209314

Cherry Creek Mortgage

Cell 928 925 6082

Office 928 772 5868

Fax 480 759 0302

Prescott MortgageAZ.com

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