Did FHA loan limits increase in 2020?

All loan limits went up here in Clark County in 2020 and FHA went up to $345,000 it is still 3.5 percent down and all of conventional loans went up as well to $510,400 so now it is no longer a jumbo when you are going over the $470,000. Buyers need to know that you can now do a conforming loan and that just put everyone’s listing that are about $600,000 little more attractive just because some people do have that 10 percent to put down. VA did something different this time they change their guidelines but have not made many changes in the last 15 years and some of the changes are the raised up the VA funding fee for the first time use but it is discounted if they want to do a 5 percent down. Just because VA is still zero down. Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Saturday at 11am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/