Get Into A New Lennar Home Today Before The FHA Limit Changes

BAKERSFIELD, Calif. - Dec. 13, 2013 - PRLog -- The Department of Housing and Urban Development (HUD) just announced that the Federal Housing Administration (FHA) loan limits would be reduced beginning January 1, 2014. That means many homes will no longer qualify for FHA financing. Buyers can still take advantage of the current FHA rates if they hurry.

How could this affect you? Many homebuyers have found that there are several advantages to FHA, for example, it allows you to borrow more or put down a smaller down payment. And FHA financing benefits those who have experienced a short sale or foreclosure by offering a shorter waiting period than other loans.

If you are an interested buyer, you must ACT NOW to take advantage of the current FHA loan limits - you will need to purchase your home and get loan approval with an assigned case number before December 31, 2013.

In addition, Lennar is offering a great selection of homes that are available for immediate move in for those who are looking to buy now before the limits change.  There are still a great number of homes to choose from with varying locations and price ranges suiting all types of lifestyles.  Lennar is committed to building only the finest homes available in the most desirable locations throughout the Central Valley.

“The coming change in FHA limits means buyers serious about enjoying the benefits of homeownership should act now; especially first-time buyers,” said Mike Miller, Division President for Lennar Central Valley. “Plus, we are eager to sell our beautiful quick move in homes before the end of the year and encourage everyone to take advantage of these offerings today!”

For more information about the FHA loan limits changing or for a complete list of communities in your area, call (661) 836-8601.

With hundreds of communities nationwide and homes designed for first-time, move-up and luxury homebuyers, Lennar has grown to become one of the nation’s leading and most respected homebuilders. Lennar has a longstanding history of building homes of enduring quality in only the most well planned and desirable locations throughout the country.

Lennar Fresno, Inc. d/b/a Cambridge Homes - License #821180. Lennar Homes of California, Inc. License #728102. Lennar Sales Corp. BRE License #01252753. Equal Housing Opportunity.