Super Jumbo Raised as High as $729,250!


The maximum mortgage that Fannie and Freddie can now purchase as a Super Conforming loan has been raised (depending on your county) to $729,250.

This means that if you want to do a loan over $417,000 (the “real” limit), you can get a loan that is underwrittend by Fannie or Freddie and be able to get rates just slightly higher than the $417,000 limit loans.

Lender, though have not started to accept the new limits, but it will be soon.

For a list by county, please click here

Advertisements

No comments yet

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: