How much do I need down for a $800k home if I do a FHA loan to the maximum?
Answers (2)
Akiko
the current FHA loan limit (based on specific areas) in So Cal is approx $729K, so you'd need 3.5% plus whatever the difference might be to get you to $800K.
You can call Artin Babayan with the OCD Mortgage Group
The OCD Group
Artin Babayan
1540 W. Glenoaks Blvd. #204
Glendale, Ca. 91201
Phone: 800-963-4623
Fax: 866-963-4623
Pager: 877-220-8451
FIRST ANSWER
Hi Akiko, assuming you are in a $729,750 County, $70,250.
Check loan limits here: https://entp.hud.gov/idapp/html/hicostlook.cfm
Best, Steve
Web Reference: http://www.Steven-Anthony.com
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