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HUD Announces New FHA Guidelines to go into Effect January 1, 2014

 

 

 

FHA Loan Limits are decreasing from $400,000.00 to $287,500.00 in Clark County as on January 1, 2014.

 

Any buyers over this amount need to have the property under contract and the case number ordered before 12/31/2013.  Act Now!

If you are a  buyer and are on the fence about purchasing,  please know now is the time to get off the fence, move forward, and get a case number assigned to your file before the end of the year! If your are an FHA buyer over $287,500 touch base with me (702) 521-3939 so we can move quickly with your approval and your options.

 

Find a house with your mouse at www.callkim.net

 

Happy New Year!

Kim Duclos

Wardley Real Estate

(702) 521-3939

 

FHA "Back to Work" Program

Back to Work

 

If you have experienced an economic event and can document the situation, you may still qualify for a home loan with FHA's Back to Work Program.  FHA allows for the consideration of borrowers who have experienced a defined economic event and can document:

1. Certain credit impairments were the result of loss of employment, or a significant loss of household income beyond the borrower's control.

2. The borrower has demonstrated full recovery from the event.

 

3. The borrower has completed housing counseling.

 

The FHA program allows as little as a 12 month waiting period after a bankruptcy, foreclosure or short sale to approved for new FHA financing.

 

Contact me today and I will connect you with the experts handling this great program!

 

and don't forget to find a house with your mouse at:  www.callkim.net

 

                                                   Kim Duclos - - - Wardley Real Estate