Breaking news on increased home loan limits in Broomfield

Breaking news on the Broomfield real estate market, buying a home in Broomfield, and real estate issues in the Denver-Metro area, every day, on The Skinny on Real Estate.

The National Association of Realtors is estimating that the FHA loan limits in Broomfield County will increase from $308,370 to $405,750.

FHA only requires a 3% down payment, offers excellent rates, allows anyone to help you with that down payment, allows for a co-signer who does NOT live in the property, AND IS NOT BASED ON YOUR CREDIT SCORE.

Even if you have had a bankruptcy or foreclosure within the last 2-3 years, if you are currently paying your bills, and have the income to afford the home you would like to buy, you may be able to qualify for an FHA loan.

Unfortunately, the limit on jumbo loans still sits at $417,000 for now.

If you would like to obtain an FHA loan to buy a new home call me at 303.887.1883 or email me at beth@bethskinner.com.

I’m so happy you took the time to read one of my blog posts! Click here to search for a home for sale in the Broomfield, Westminster, Thornton or Northglenn, CO area. OR click here to find out what your current home is worth. As always, no registration is required, and any information you give me will NEVER be used to spam you or sold to someone else. EVER!

If you have any questions about buying or selling a home in the north metro Denver area don’t hesitate to contact me at 303.887.1883 or beth@bethskinner.com – and yes I actually return phone calls and emails! I am an extraordinary Realtor who strives to constantly go above and beyond what you might expect from your real estate professional and I love to surprise my clients with phenomenal results.

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