Quote:
Originally Posted by RoninLB
from your site
well the $625k is the max amount of their loan, not the conventional loan limit.
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$625k is the max for a
conforming loan in your area (is that the same as "conventional"?)
If you refi $550k, you s/b able to do it as a conforming loan, not a jumbo loan. On bankrate.com, they show a 30-year fixed conforming loan at 5.13%
I've been shopping myself. Depending if I want to pay points (and how many) or not, I could get a 30-year $500K+ loan below 5.00% fixed.