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home owners occupy roughly 95% of the properties in Westville while the remainder are rented. The housing stock of this town is composed predominantly of single detached homes and townhouses. The Alaska Housing Finance Corp., or AHFC, offers programs for first -time home buyers (and some repeat buyers).
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The maximum loan limit in Arkansas is $605,525 for a 4 living-unit home. The minimum loan limit is $5,000. Loan limits vary by county and home size. In addition to loan limits, to qualify for an FHA loan you must live in the home as your primary residence. FHA loans cannot be used for real estate investment purposes or "flipping" homes in Arkansas.
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