Los Angeles Real Estate

Get Your Low Down Payment FHA Loans Started in 2008 or Else...
December 12th, 2008 7:41 PM

Here are somenew guidelines coming out for FHA Loans next year.

Effective with case numbers assigned on or after January 1, 2009, borrowers for FHA purchase transactions are required to make a 3.5% down payment. As a result, the maximum LTV without the upfront mortgage insurance premium will be 96.5%. The LTV, including upfront mortgage insurance,
may not exceed 100%. The base loan amount before upfront mortgage insurance may never exceed FHA’s maximum mortgage limit for the county in which the property is located.

 

Paul Aragon was voted one of the top two realtors in all of Los Angeles County by the 2008 Daily News Reader's Choice Awards.

He gladly gives free advice on real estate transactions, contracts, and negotiating the best deal. He can be reached a www.AragonEstates.com or at Paul@AragonEstates.com


Posted by Paul Aragon on December 12th, 2008 7:41 PMPost a Comment (0)

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Just Listed! 9807 Yolanda Northridge, CA 91324
December 27th, 2008 10:57 AM
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$379,000.00
9807 Yolanda

Northridge, CA 91324



Beds: 3.0 Rooms: 0
Baths: 2.00 Sq. Ft.: 2096.00
Garage: 0 Built: 1960
 

Great Value Northridge Home Northwest of CSUN
This is a new listing that
I thought you might be
interested in. Visit this
listing online to see more
photos of the property,
Google Earth satellite
images, and much more.
 

If you have any questions
about this property or
require more information,
please feel free to call.

Paul Aragon
AragonEstates.com
(818) 488-8038
www.aragonestates.com



 
  Visit this listing at Here

Posted by Paul Aragon on December 27th, 2008 10:57 AMPost a Comment (0)

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