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WOW……it’s official……FHA has raised their mortgage limits in Marion, Hamilton, Boone and Hendricks Counties

Posted by kim carpenter on March 6, 2008
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They have increased from $200,160 to $271,050.  What does this mean…..more listings that can be sold to buyers who don’t have the larger down payment or sparkling credit.

I can’t emphasize enough how fantastic this is for all of us.  The market has made the rates on FHA just as attractive as Conventional….and the PMI isn’t as costly.  So, at the end of the day, your seller might be able to sell their home….or your buyer can get into a home that,  in the past,  would have exceeded FHA’s old limit. 


Change….you need to think outside of the box…… Add Nehemiah to the mix and VOILA…..a sale!


I just couldn’t wait until tomorrow’s normal email of News and Views.  


Not sure what to do… me


Marlene Scheetz

Sr Loan Officer


Fairway Independent Mortgage

8200 Haverstick Rd, Ste 255

Indianapolis, IN 46240


(o) 317-205-9912 #108

(c) 317-506-0697

(f) 317-205-9913

(f) 317-663-1042 .. fax direct to my computer

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