The loan limits on Conventional & VA loans were increased from $417,000 to $424,100 on a 1 unit property in Broward, Palm Beach, & Miami Dade Counties.
You cannot however you can sell your current home that has a VA mortgage on it and buy a new home on the same day using VA financing. You have close on the sale of the home before you sign for the new loan when it’s done on the same day.
We have a list of every VA approved condominium in Broward County.
Fannie Mae just announced that on or After April 14, 2015 you can request the 3% towards closing costs on Fannie Mae HomePath properties.
That was the headline from a WSJ.com article and they are 100% correct. Some refer to these buyers as Boomerang Buyers.