New FHA Lending Limits for Clark County Las Vegas Nevada

New FHA Lending Limits for Clark County Las Vegas Nevada In response to the declining home values in Clark County, the Federal Housing Administration (FHA) will be lowering the maximum lending limit for the Greater Las Vegas MSA.  The current lending limit for a 1 unit single family residence will decrease from $400,000 to $287,500.  This new limit will go into effect January 1, 2009. If you have clients who are considering purchases that exceed this new limit, it is not too late to get their deals financed under the existing limits. Buying a Home Related Post: Monterey at the Las Vegas Country Club Related Post: Southwest Las Vegas New Home Immediate Move-Ins If you are interested in relocating to Las Vegas or would like information on Las Vegas real estate, please email me, Bob Ratliff with RE/MAX CENTRAL LAS VEGAS, at rratliff@remax.net, or call me at 702-807-5528. I look forward to hearing from you!

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