How much do I need down for a $800k home if I do a FHA loan to the maximum?

Asked by Akiko, 90068 Sat May 30, 2009

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Steven Ornel…, Agent, Fremont, CA
Sat May 30, 2009
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
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Keith Sorem, Agent, Glendale, CA
Sat May 30, 2009
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
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