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Updated over 8 years ago on . Most recent reply

User Stats

235
Posts
35
Votes
Sam Stout
  • Flipper/Rehabber
  • Reno, NV
35
Votes |
235
Posts

FHA limit exceeded, need lender help

Sam Stout
  • Flipper/Rehabber
  • Reno, NV
Posted

I just found out the FHA limit in my area in California is only 477k when my lender thought it was 617k. Any body have options for a 5% down mortgage on a 575k purchase price for owner occupied home in Lake Tahoe, California? I have $$ for 20% down but it's better spent elsewhere. I have 780 credit and 831 FICO. Thanks

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