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Overland Park Real Estate: FHA is a great option for Kansas City home buyers

Overland Park real estate: FHA is a great option for Kansas City home buyers

There are still financing options available for many in Kansas City

There are still choices available for many wanting to use zero down payment mortgage program here in Kansas City.  The 100% financing is available thru FHA with down payment assistance programs.  Plus there are grant programs available even in Johnson County.    The new FHA limits for Johnson County homes are as follows:

 

MSA Name

County Name County
Code
State One-Family Two-Family Three-Family Four-Family
KANSAS CITY, MO-KS (MSA)

JOHNSON 091 KS $271,050 $347,000 $419,400 $521,250

 

Jackson County homes in Kansas City MO

MSA Name

County Name County
Code
State One-Family Two-Family Three-Family Four-Family
KANSAS CITY, MO-KS (MSA)

JACKSON 095 MO $271,050 $347,000 $419,400 $521,250

 

These are the limites for FHA only.  There are limits for the grants & other programs. Plus the key to FHA is that the MIP premium are lower than we other type of loans.  Plus, FHA makes it possible for buyers to purchase a home with almost no money using the seller paid down payment assistance programs!  What a great way to get into your new home in Overland Park!

For more information on FHA loan limits for Overland Park homes & Kansas City real estate, feel free to check out the FHA website.  If you are a veteran, don’t forget to use that benefit!  Here’s the website on VA information!

If you’re thinking of buying or selling a home in Overland Park, Call me today at 913-312-3614!  Lets discuss the market & how we can educate you!! 

 

Search for homes in Overland Park                 Overland Park home values

 

 

 

 



http://www.kansascityrealestatehome.com/003E36
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Posted on July 09, 2008 22:17:00 by Cindy.DiCianni

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