Broward County's FHA loan limit has increased to $423,750... however if you are financing more than $362,790 more & more lenders are requiring that you have a 660 mid score, as anything over the $362,790 level is considered an "FHA Jumbo" and they have different requirements than an FHA loan at the old loan amounts. Countrywide requires that you get pre-approved through them in order to make an offer on any home they have foreclosed upon or are doing a short sale on, you don't have to get the loan from them, but they need to pre-approve you. It'll come down to what price you can get Countrywide to accept on the sale... if you are able to finance $362,790 or less then you'd have a fair shot with FHA.
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