Roberta's Las Vegas Real Estate Blog: Las Vegas FHA Loan Limits Raised to $400,000

Las Vegas FHA Loan Limits Raised to $400,000

FHA conforming loan limits have just been raised in Clark County to $400,000.  This includes Las Vegas, North Las Vegas, Summerlin, Henderson, Mesquite, Overton and Boulder City. 
 
The previous limits were $304,000 in Clark County.  With this increase, it expands the choices available to home buyers in the Las Vegas area.  This increase will remain in effect until December 31, 2008. 
 
If you would like to find out the new limits in your area, here is the link
 
If you are interested in relocating to Las Vegas or would like information on Las Vegas real estate, please email me roberta@search4lasvegashomes.com  or call me at 702-354-8988.  I look forward to hearing from you!

 

Comment balloon 4 commentsRoberta LaRocca • March 06 2008 05:00PM

Comments

Roberta....  I just wrote a blog on this.... people need to be careful of the new loan amounts. Even though set by HUD, it's still up to the investors in what they will lend up to and if there is no difference in down payment or not... or pricing hits. We probably will start to get the details in the next few days. But a $100,000 raise in mortgage amount certainly should help.

jeff belonger
Posted by Jeff Belonger, The FHA Expert - FHA Loans - FHA mortgages - USDA loans - VA Loans ( Social Media - Infinity Home Mortgage Company, Inc) over 11 years ago
Jeff:  I read your blog after I posted mine.  I always look for you to keep us updated on these things! 
Posted by Roberta LaRocca, REALTOR®, Broker, Salesperson, Property Management (Simply Vegas Real Estate) over 11 years ago

They just raised them here also and boy was this great news for us, I had three buyers call me that were not pre-approved for the homes they wanted and now are! Thanks FHA!

Posted by Respect Realty LLC, Brokers - Oregon / SW Washington Real Estate (Respect Realty LLC) over 11 years ago
Todd:  That is great news for your area!
Posted by Roberta LaRocca, REALTOR®, Broker, Salesperson, Property Management (Simply Vegas Real Estate) over 11 years ago

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