You have heard that loans are more difficult to get. Not so hard now!
You may also have heard that things have changed recently on FHA loans.
FHA loan limits have been increased. Probably to $729,750 in the Verdugo Hills communities of La Crescenta, La Canada, Montrose, Glendale, Sunland, Tujunga & Shadow Hills.
Very low down payments are available on FHA loans – 3% down will buy a home.
So, for about $22,000 down you can buy a house for $730,000.
Rules & guidlines should be available from lenders in the next couple of weeks

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