View Single Post

RoninLB
RoninLB is offline
Registered
 
Join Date: May 2001
Location: Peoples Republic of Long Beach, NY
Posts: 21,140
Quote:
Originally Posted by ikarcuaso View Post

Conforming limits up to $625k apply only to 59 designated high-cost areas, but your area appears covered.

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.
__________________
Ronin LB
'77 911s 2.7
PMO E 8.5
SSI Monty
MSD JPI
w x6
Old 01-09-2009, 10:53 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #33 (permalink)