FHA Expands Loan Limits for Washtenaw County

Loan limits have  increased in Washtenaw County and the surrounding counties.  This is a result of the American Recovery and Reinvestment Act, which was passed into law on February 17th, 2009.

These are for Single Family Homes and Condo’s.

· Lenawee County $297,500
· Livingston County $297,500
· Monroe County $297,500
· Wayne County $297,500
· Washtenaw County $345,000 (up from $271,050)

FHA loans require only 3.5% down payment that may be gifted funds. Minimum credit scores of 620 required and they are assumable.

Let us know if you need to speak to a lender, we ONLY work with Top Notch Local Lenders in Washtenaw County. Lenders that give you personal one on one service, lenders that know our area and ONLY work with local appraisers.

Call or email me for a list.

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3 thoughts on “FHA Expands Loan Limits for Washtenaw County

  1. I’ve been involved in taxes for lengthier then I care to acknowledge, both on the individualized side (all my employed lifetime!!) and from a legal standpoint since satisfying the bar and pursuing tax law. I’ve furnished a lot of advice and rectified a lot of wrongs, and I must say that what you’ve put up makes complete sense. Please uphold the good work – the more people know the better they’ll be armed to cope with the tax man, and that’s what it’s all about.

  2. I just wanted to let you know that your post has hit a chord with me. We can’t seem to get out from under our debt. We are now looking to consolidate our credit card debt into a single loan. But we don’t really know where to start.

Thoughts?