Buy a Home for Under 303K with just 3.5% Down!
Great News for home buyers in Tampa – the FHA has restored the 2008 loan limits. Even though the median home price is down 41% from peak levels, the FHA loan limit remains at at over twice the median sale price. As a result, Tampa home buyers can put down as little as 3.5% on a single family home priced up to $303,108, (max loan amount of $292,500). Of course a sales price can exceed this number but the down payment would increase. Buyers in Hillsborough, Pinellas, Pasco, and Hernando counties can take advantage of these generous loan limits today. The VA limit remains at $417k. Contact Team Bohannon for more info.
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