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Friday, June 13, 2008

FHA Loan options in Vail Real Estate


The neglected FHA loans are making a come back, even in the upscale Vail Valley. The current FHA loan limit is $729,750.
"Only borrowers who can make at least a 3 percent down payment or have at least
3 percent equity in their homes and who can document their income can qualify
for FHA loans,"
says the Washington Post in a recent article. To read more about FHA loans, you can read the full article at http://www.washingtonpost.com/wp-dyn/content/article/2008/06/09/AR2008060902645_pf.html


Buyers who thought that they may not be eligible can check with a local lender to see if they qualify for the FHA loan program or call me for a list of local lenders who can help.


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