New Conforming Loan Limits?

Categories: Mortgage

Does anyone have any information on when banks will start processing loans with the new conforming limits? The limit in most of Brooklyn has been raised to $729 as part of the recent stimulus package, but everytime I call my bank to try to refi or modify I’m told they don’t know anything about it yet. Is anyone able to get these loans yet? And where are you getting them from?

By Brooklynitetobe | 04/06/2009 4:00 PM