Feb 26 2009
Wow, FHA Loans increased limit in Washtenaw County
If you are thinking of buying a home in the Ann Arbor area….now is a great time to put those dreams into action.
FHA Loans are the way to finance today because they allow a lower percent down payment on the home. Yesterday they announced that the price point for the home has increased to $345,000 and the buyer only needs 3.5% down. Sellers concessions are also allowed and this is up to 6%!
I received this most up to date information from an excellent senior loan officer, Teri Marshall at Huron Valley Financial, Inc.
Call or e mail with any questions you might have.
Looking for your dream home or maybe just a super
deal on a property that some bank wants to
get rid of?