Quote:
Originally Posted by ikarcuaso
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from your site
"The exceptions are properties in Alaska, Hawaii, Guam, and the Virgin Islands, where that range is 50 percent higher ($625,500 to $938,250). The 2009
conforming loan limit of $417,000 is in place everywhere else. Loan limits for 2-4 unit properties are proportional to the 1-unit limit.
well the $625k is the max amount of their loan, not the conventional loan limit.
thx anyway.
So far I've found the jumbos down a little but still over 6%. I'm in at 6.75%
the bride also said that the new mortgage paperwork is like that at initial closing.. meaning lawyers etc and fees around $2,500.