The Santa Barbara Groups Real Estate Blog

With loans becoming harder and harder to qualify for we have to always be looking for more options. The FHA loan program is looking very attractive these days especially for investors who want to buy income property or reposition their real estate assets into a better performing one.

One thing I like about FHA is that a borrower can have up to 10 mortgages and still qualify. A lot of lenders will not give a mortgage to buy a property if the borrower has four or more. Another attractive aspect of FHA is the loan limits, they are $729,750 for a single family residence, $934,200 for a duplex, $1,129,250 for a triplex and $1,403,400 for a fourplex. Check out this link for more details on FHA loans.

Give me a call for a free and friendly consultation about your real estate goals. Weather you want to buy a home in Santa Barbara or sell your estate in Montecito, we are experts ready to help.

Joe

805-886-5735