Nov 11
The FHA Mortgage Limits & down payment requirements are CHANGING JAN 1, 2009
If you are looking at purchasing a home FHA - The current down payment requirement is 3% plus closing costs. The new limits are going to be 3.5% + closing costs.
Not a huge difference but depending on how much you are buying a house for could be significant.
Here are the updated FHA Limits in NJ Per County. Call me if you have any questions. My direct toll free # is 877-718-2861.
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County |
State | One Unit | Two Unit | Three Unit | Four Unit |
