The new year is the perfect time for a fresh new start and there’s no better way to have yours than with a brand-new Lennar home. And lucky for you, the Federal Housing Administration (FHA) loan limit increased at the start of the year, which means buyers now have more purchasing power and many additional Lennar homes across Northern Nevada will now qualify for FHA financing. This increase also allows you to borrow more and put down less money. Lennar builds in several counties – see below for the new limit.
| County | 2021 FHA loan limit | 2022 FHA loan limit |
| Washoe | $460,000 | $534,750 |
| Lyon | $356,362 | $420,680 |
| Carson City | $379,500 | $448,500 |
| Douglas | $500,250 | $569,250 |
“With the FHA loan limits increasing and interest rates still low, home shoppers may be able to afford more home than they previously thought possible,” said Dustin Barker, Division President for Lennar Reno. “Start your new home search today with a variety of communities and floorplans all throughout the Reno metro area – plus enjoy even more value in your home with our signature Everything’s Included® program.”
Lennar currently offers 15 communities across the Reno/Sparks metro area, including Reno, Carson City, Dayton, Minden and Sparks. Whether you’re a first-time homebuyer looking to enter the market, a family looking for a smaller space now that the kids are off in college or a family seeking enough space in their home for both the family their raising and the family that raised them, Lennar has something for every stage of life.
Per plan, new home designs showcase open layouts for easy entertaining and relaxation, upscale kitchens for busy cooks, sophisticated owner’s suites, spacious secondary bedrooms, outdoor living spaces and flexible spaces.
Select communities also feature Lennar’s popular Next Gen® – The Home Within A Home® design. This unique plan presents two homes under one roof – a main home plus an attached private suite. With its own separate entrance, bedroom, bathroom, living area and kitchenette, the Next Gen® suite provides as an ideal living space for aging parents or long-term guests who want to be close to the family but maintain their own independence and privacy. It can also double as a flex space and be transformed into anything you want or need, like a home office, gym, learning area and more.
Additionally, encounter a simpler homebuying process with Lennar’s signature Everything’s Included® program, which outfits every new home with popular finishes and features as standard. Enjoy granite/quartz countertops, high-quality cabinets, stainless steel appliances, efficient technology, home automation, whole-home wifi with no dead spots and more – all at no additional cost.
Northern Nevada is a wonderful place to live, work and raise a family. Schools, businesses, healthcare, shopping and dining are all nearby. So, don’t put off living in your dream home any longer. Start your new home search online today at www.lennar.com/reno or contact a New Home Consultant by calling 877-828-1331.
DISCLAIMER:
*This statement is based on currently available information from https://entp.hud.gov/idapp/html/hicostlook.cfm, current market conditions and should never be relied upon. Market rates are based on market trends and other factors that can cause predictive statements to differ materially. This statement is no guarantee of the present or future market conditions and market values. Features, amenities, floor plans, elevations, and designs vary and are subject to changes or substitution without notice. Items shown are artist’s renderings and may contain options that are not standard on all models or not included in the purchase price. Availability may vary. Please see your New Home Consultant and/or home purchase agreement for actual features designated as an Everything’s Included feature. Savings will vary due to many variables, including but not limited to, actual utility rates and fees, actual construction, floor plan, occupancy, appliance usage, thermostat settings, weather conditions, number of individuals occupying the home and orientation of the home. Lennar provides no guarantee of savings or efficiency that will be achieved by each homeowner. Please contact the school district for the most current information about specific schools. Seller does not represent and cannot guarantee that the community will be serviced by any particular public school/school district or, once serviced by a particular school/school district, that the same school/school district will service the project for any particular period of time. Schools that your children are eligible to attend may change over time. This is not an offer in states where prior registration is required. Void where prohibited by law. Copyright © 2021 Lennar Corporation. Lennar, the Lennar logo, Everything’s Included, the Everything’s included logo, Next Gen and the Next Gen logo are U.S. registered service marks or service marks of Lennar Corporation and/or its subsidiaries. Greystone Nevada, LLC, 48844. Lennar Reno, LLC, 64226. Date 12/21
