Monthly Archives: September 2011

VA Loan Changes

Fall is a time of change- change in color of trees, temperatures, weather and October 1 is going to be a date for many government loan changes. Changes to FHA Maximum loan amounts have been announced (see my previous blog … Continue reading

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FHA lowers loan limits

Effective October 1, 2011 FHA loan limits will be lowered. In Cuyahoga, Geauga, Lake, Medina &Lorain┬ácounties for instance, for a borrower can borrow up to $298750┬ásingle family home today. Effective October 1- the maximum loan amount will be $271050. Erie, … Continue reading

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OHFA interest rates lower

the Ohio Housing Finance Agency has lowered their interest rates to the following effective September 8, 2011: 4.25% with 0 points 30 year fixed without downpayment assistance 4.75% with 0 points 30 year fixed with 2.5% of sale price downpayment … Continue reading

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