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2011 FHA and VA Loan Limits for Los Angeles County

Los Angeles County 2011 VA loan limits dropped to $700,000, as did Orange county,  The 2011 VA loan limits for Ventura County was set at $562.500.  Riverside and San Bernandino counties' limits remain at $417,000. These loan limits are the maximum base mortgage amount for a zero-down VA home loan.

2011 FHA loan limits for Los Anegeles County are $729.750 as is Orange County.  Riverside and San Bernandino Counties have an 2011 FHA loan limit of $500,000.

View the full list of 2011 VA loan limits for California counties.

VA mortgages allow veterans to borrow above the county loan limit if the buyer has a down payment.  You can use this VA mortgage down payment requirement formula to calculate the amount needed.  Los Angeles County homebuyers have found VA loans to be a particularly good option for loan amounts up to $1,000,000, because of the low down payment requirement, in 2009 and 2010.

VA loans do not require private mortgage insurance (PMI) because they are insured by the VA, which collects a funding fee from the buyer.  This makes most VA loans a less expensive option than FHA or conventional loans, where PMI is required.


Arizona is BEAUTIFUL in December: Tenant needed for condo in Green Valley, AZ

I need a tenant for my condo in Green Valley, Arizona.  If you know anyone who would be interested, please send me a message or call!

Green Valley is located in the High Desert,
about 20 miles to the south of Tucson, Arizona.

We are offering for rent a sharp 2 bedroom,
1 3/4 bath condo
in Continental Vistas,
an age restricted
Active Senior Community.
$800.00 per month.

The home offers a covered patio and
private back yard that opens out to a
verdant desert arroyo with
wide sweeping views of the
Santa Rita Mountains.

Easy access to community swimming pool,
many golf courses, restaurants and shopping.

Pets OK. Short term OK.

Cheryl Johnson
323-259-1952 (In Los Angeles, CA)

The property is managed by
Colby Artress
Century 21 1st American
520-331-1795


Sweets Truck Celebrates National Red Velvet Day Today December 11

Tonight, Saturday, December 11, SWEETS TRUCK, a mobile bakeshop and gourmet coffeehouse, will be parked at Cactus Gallery, 4534 Eagle Rock Boulevard from 5:00 to 10:00 PM

Sweets-turck 

THE SWEETS TRUCK HAS DECLARED December 11th NATIONAL RED VELVET DAY and we are going to take a break from "the holidays" and celebrate ...

We are going to dedicate the truck to all things RED VELVET and invite some of our baker friends to join in and bring some sweet red velvet prizes to give away.

The Grilled Cheese Truck will be joining us and we hope to see you there. We want to thank our host Cactus Gallery, NELA and also The Grilled Cheese Truck.

We have also been out on the road for one year (12/1) and wanted to pair our birthday party w/ a great community event and something REALLY sweet! So see you all on 12/11

http://www.facebook.com/#!/event.php?eid=17759848891763

http://www.Twitter.com/TheSweetsTruck
http://www.nelaart.com/
www.eclecticcactus.com/
www.thegrilledcheesetruck.com/