LENDING SOLUTION FOR LOS ANGELES
The National Association of Realtors and several representatives in the House passed a bill H.R 1852 to boost the current FHA home loan from $362,790 to $729,750 in the Los Angeles metropolitan area.
Real Living Speckman Realty, Inc. - Bourbonnais, IL
Frank Rubi Real Estate - Slidell, LA
Licensed in Louisiana
International Financing Solutions - Fort Myers, FL
International Financing Solutions
Holy cow, That is one heck of an increase. Almost double. That's hard to believe that they jumped the limit so much.
Sean Allen
Oct 25, 2007 09:26 AM
GP Real Estate Company - Ventura, CA
Michelle Carrillo
GP Real Estate Company - Ventura, CA
Michelle Carrillo
Canopy Mortgage - Leo Namiot - Saint Augustine, FL
More than just great rates
That's news to me, I will have to check that out.....If it's true I hope it increases across the country
Oct 25, 2007 10:48 AM
KEIRE Realty Group - Manassas, VA
Principal Broker/Owner
Hi Michelle,
Welcome to Active Rain! The opportunities to learn and network are incredible here. Best of luck to ya!
-Keith
Oct 25, 2007 11:32 AM
Open Mortgage, LLC NMLS # 2975 - Downey, CA
(562)743-6086
That's too high. A smaller increase to $550k would be more than enough to stimulate the market. Our government is so far in debt already, we don't need them risking our great-great-grandchildrens' futures too. I'd rather see the home prices come down to reality. Let those greedy investors take their loses, like a man, or a woman!
Nov 13, 2007 04:30 AM
Comments(8)