California FHA Loan Limits for 2018

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The table below shows the maximum FHA loan size for all California counties. These limits apply to FHA-insured mortgage loans with case numbers assigned on or after January 1, 2018. They will remain in effect through the end of that year. County 1-Family 2-Family 3-Family 4-Family ALAMEDA $679,650 $870,225 $1,051,875 $1,307,175 ALPINE $463,450 $593,300 $717,150… [Read More]

New Loan Program Has Opened Doors for Poor Credit Borrowers

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The Federal Housing Administration, or FHA, has some exciting policy changes that now opens the doors for many of our clients. It was previously believed that a minimum of 580 is needed to make the minimum down payment of 3.5% using FHA financing. However, many lenders require a score of 620 to 640 to qualify…. [Read More]