Loan limits are appropriately named. They are the maximum allowable loan size for a mortgage. Loan limits vary by product and region, and are included in a program's specific mortgage guidelines. In Clark County the cure FHA loan limit is $400K for a single family, but beginning in 2014 they will decrease to $287,500.

In the event you are looking to purchase or refinance right now, and you require an amount above $287,500. you will need to have your case number assigned prior to 1/1/2014; otherwise, you would need to be approved for a conventional or VA loan. The conventiona and VA loans limits will remain the same at $417,000 for Clark County.

Please feel free to contact us at 702 562 7915. We have been lending in the Vegas Valley since 1989 or visit www.bartprequalifies.com