VA Loan Amount Increase - Effective Immediately - 11/19/07 01:18 PM
Effective immediately, VA loans up to $1,500,000 may be eligible for purchase. Guaranteed loans to conforming conventional loan limits continue to be eligible under the existing guidelines. Additionally, the following requirements apply as indicated. VA loan amounts greater than the one-unit conforming loan limits, $417,150, but less than or equal to $700,000: • 30-year (0 comments)
Builder Bail-out Loans - 11/07/07 12:01 AM
At least once a day, I get a call from a small builder who has 2 or 3 houses that they can't sell and they need to pay off their construction loans. The interest on these loans can be steep. Many builders are forced to try to refinance to a permanent (0 comments)