New FHA 2015 Home Mortgage Limits for Frisco Texas

by Loreena Yeo on February 24, 2015

For some of you guys who are thinking about a FHA Home Loan, there are good news. Effective January 1st through December 31st 2015, the maximum FHA home mortgage limits has increased from $287,500 in 2014 to $310,500 . This new and higher loan limits affect Frisco Texas, spanning both Collin and Denton counties and also Tarrant and Dallas county limits.

You as a home buyer can now purchase homes in Frisco TX up to $321,750.

So how does this affect Frisco Texas home sellers?

A higher limit means more Frisco TX homes now qualify for FHA home mortgage limits. Previously, homes in Frisco Texas up to $297,500 are allowed with a minimum 3.5% down payment for the FHA loan program.

There is no change to the the 3.5% down payment requirement.



To roof or not to roof? Is that even a question for your Frisco TX home.

You know that iving in the great state of Texas, you will see some crazy weather and storm in the spring and fall time. Each storm that hits the Frisco TX area may also bring hail from pea size to golf ball size. Hail can bring damage to your personal properties from your car to your home. One of the important thing to do after a storm is to walk around your home and do a quick assessment of any damage that you may see.

Pay attention to your roof to see if there is any missing shingles. Look at your fence (wood or wrought iron) to see if the are any mark. Check the down spouts and gutters to see if there are any dents. If you see any signs of these mentioned item, you might want to call a reputable roof to come and assess your roof.

A good reputable roof will come out and give you a fair and honest assessment to see if there is any damages and if you need to call your insurance company. Make sure to ask the roof to explain what he is looking for. Ask him about the 10 x 10 test. Make sure you understand what ACV and depreciated  value is.

You and I don’t do this a lot that we know what the process and procedure are, so make sure to find a reputable roofer who are willing to educate you. Don’t find or hire the cheapest roofer. Find someone who has a heart of a teacher that can make you better informed consumer.

It is also a good time to pull out your home insurance policy and understand what coverage you have.

If you need a roofer referral, email or call us. We will be glad to recommend someone that we trust and that we use personally.


What’s New Development is coming to Frisco TX?

March 25, 2014

What’s new coming to Frisco TX? With the new Cowboy training center being announced moving to Frisco, TX, many have wonder what else is coming to Frisco TX. The latest announcement of the new Wade Park has brought another exciting chapter to the city of Frisco. The Newman Real Estate and Development company will be […]

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Wings Of Freedom Tour 2014

March 16, 2014

What to do outside of Frisco TX? If you wonder what is there to do outside of Frisco, TX, the answer is a ton! Yup. There is a ton of stuff to do that is within driving distance from Frisco TX. This March 19th to 23rd, you can get up close and personal with the […]

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Rent Frisco TX home CHEAP!!!!

March 6, 2014

Rent Frisco TX home CHEAP!!!! Have you wonder how you can rent a house in Frisco TX cheap? There seems to be a lot of them these days. You can just type in the phrase in Google search and see a ton of them. Are they real or legit? We have recently have few folks […]

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City of Frisco Town Hall Meeting – March 3

February 28, 2014

City of Frisco Town Hall Meeting – March 3, 2014 If you live in the City of Frisco and like to keep up with what is going on around the city, you don’t want to miss this. The city of Frisco will have a Town Hall Meeting on March 3. The meeting will be held […]

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Should I flip or hold my rental property in Frisco TX?

February 15, 2014

Should I flip or hold my rental property in Frisco TX? We were recently asked this question by a client who has a rental property. Should I flip or hold my property in Frisco TX as rental? The answer is depends. Sound simple? Yes it is. It really depends on why you are wanting to sell […]

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FHA New Home Loan Limits Affect Frisco TX

January 20, 2014

Effective January 1 2014, single family homes in Frisco Texas purchased via FHA insured loan will increase its loan limits from $271,050 to $287,500. This impacts the FHA case numbers filed after January 1 2014. The areas affected include Frisco (within Denton and Collin counties) along with cities in the surrounding cities (Plano, Little Elm, […]

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Don’t forget to File for your Frisco TX Homestead

January 15, 2014

If you own or purchase a Frisco TX home or a home in Texas this past year, you can file for Homestead Exemption now, assuming you are in the house on January 1st. Your Frisco TX home must your primary residence. You or your spouse cannot call another property (anywhere in Texas or United States) […]

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Frisco ISD contracts Collin CAD for Property Tax Billing

January 10, 2014

Attention Frisco TX homeowners: Depending on which county you live in (Denton or Collin), you will have 1 less property tax bill mailed to you. The Frisco Independent School District contracted the Collin County Tax Appraisal District to bill its school taxes. Hence, if you live in Collin County (City of Frisco or surrounding cities […]

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