conforming loan

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Latest blogosphere posts tagged “conforming loan”

  • Finding The Best Jumbo And Super Jumbo Mortgage Rates Takes Effort


    The Mortgage ReportsAuthority Authority: 546
    To be classified as "high-cost", an areas median home price must exceed $365,000. 324 areas qualify nationwide and, in each of those regions, the conforming loan limit has been modified to 115% of the median home price. Neither Chicago nor Cincinnati made the list, though. As a result, homeowners are relegated to ...
    6 days ago
  • The 2010 Conforming Loan Limits


    PMZ BuzzAuthority Authority: 126
    A conforming mortgage is one that, quite literally, conforms to the mortgage guidelines set forth by Fannie Mae or Freddie Mac.  Each year, the government sets the maximum allowable loan size for a conforming mortgage, based on “typical” housing costs nationwide.  Loans in excess of this amount are typically ...
    1 week ago
  • 2010 Conforming Loan Limits : Same As 2009, 2008, 2007 and 2006


    The Mortgage ReportsAuthority Authority: 546
    Conforming mortgages are appropriately named; they "conform" to the mortgage underwriting guidelines of Fannie Mae or Freddie Mac. Mortgages meeting these criteria are securitized on Wall Street as mortgage-backed bonds.As mortgage performance has weakened, however, lending standards have tightened. Todays would-be ...
    1 week ago
  • How To Get Multiple VA Loans Simultaneously


    All Home Loan InfoAuthority Authority: 131
    A majority of loan applicants for VA Loans question if they can get additional loans under the VA Loan Guaranty Program.  The answer is yes, you can use your VA loan as many times as you necessary when you have the entitlement.  Entitlement is available to those who are eligible for VA Home loans. The amount a ...
    1 week ago
  • Conforming Loan Limits to Remain in Place for 2010


    Luba's San Francisco Real Estate BlogAuthority Authority: 423
    I predict that Fannie Mae, Freddie Mac and FHA loans will remain at $729,500 through 2010. Ok, ok, so it’s not REALLY a prediction.  It’s an update from the California Association of Realtors. Still good news.  The bad news – well, my psychic powers really don’t work.  Here’s the scoop from the ...
    3 weeks ago
  • Breaking News: Higher Conforming Loan Limit to be Extended Through 2010.


    The White Oaks BlogAuthority Authority: 123
    News is spreading today that both houses of Congress have passed a resolution which will keep the higher conforming loan limits in place through 2010, and is now pending President Obama’s signature.  The current loan limit extension was set to expire at the end of this year.    If this comes to pass, this will ...
    3 weeks ago
  • Is Extending the Jumbo Conforming Limit Necessary?


    HSH Associates Financial News BlogAuthority Authority: 135
    There are proposals in both the House and Senate to keep the conforming jumbo loan limit at $729,750 until the end of 2010 : “While those [jumbo] loan limits aren’t scheduled to go down to $625,500 until January 1, if not maintained at the higher level now, the mortgage industry will begin to plan for loans at ...
    4 weeks ago

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