Conforming Loan Limits
Does anyone know why none of the banks that I called today have picked up on the change to the conforming limits to $725,950 that is detailed here? They are all still at the $625,500 threshold. A little annoying when trying to refinance.
Does anyone know why none of the banks that I called today have picked up on the change to the conforming limits to $725,950 that is detailed here? They are all still at the $625,500 threshold. A little annoying when trying to refinance.
We are mere days away from the new limits. All the banks are swamped with business and what normally would have taken days has turned into weeks.
thanks for the information.
_______________
[url=http://www.motorwerks.com/]luxury cars for sale[/url]
[url=http://www.budget.com.tr]rent a car[/url]
FHA has increased the loans limits for single families to $729,750. They are still $625,500 for conventional conforming loans. We’re all very anxious for the increase at the banks as well. I will let you know when it is officially announced. Im thinking in April. sunny_hong@countrywide.com
Many thanks!
KAZ
Oops sorry about that. Here it is:
http://www.fhfa.gov/webfiles/1279/CLLarra022309_final.pdf
Where is “here”? I had not heard that the limits were raised. Can you provide your source/link?
Thx!
KAZ