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Conforming Loan Limits to Remain the Same for 2013 at 2012 Levels

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Mortgage and Lending with Franklin Advantage Inc. NMLS Lic. # 343946

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The maximum dollar limits for conforming mortgage loans will remain unchanged for Freddie Mac and Fannie Mae in 2013.  The GSEs' conservator, the Federal Housing Finance Agency (FHFA), announced on Thursday that the baseline limit that will apply to most of the country will be $417,000 for one unit properties.  Differing limits, ranging as high as $625,000, will prevail in so-called "high cost" counties but in each instance will remain the same as in 2012.

To see the limits for different state and counties, please refer to the link below:

http://www.fhfa.gov/Default.aspx?Page=185

 

Wayne Brown, NMLS 343946

Security National Mortgage Company

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Wayne L. Brown, NMLS # 343946
Licensed Mortgage Specialist
Franklin Advantage, Inc.
Direct: 858-997-6300
Email: Wayne@SanDiegoMtgPro.com
Website: 
www.SanDiegoMtgPro.com

Online Application:

https://www.blink.mortgage/app/signup/p/franklinadvantageincc/waynebrown

 

 

L/O CA DRE LIC. # 00906571

Corp. NMLS # 285786

CORP CA DRE LIC. # 01837286

 

Equal Housing Lender

 

About Wayne Brown

 

Wayne is a Licensed Mortgage Banker, and is based in San Diego.  With over 35 years in commercial and mortgage banking, he serves all of California and has closed more than 5,600 loans in his career.

 

He specializes in Conventional, FHA, VA, and Reverse Mortgages for residential lending purposes.  Both he and his company always strive to exceed each client's expectations through knowledgeable, ethical, and transparent representation to service their financial needs. 

 

Contact Wayne for a Free and Confidential mortgage analysis and pre-approval without obligation, or to simply get answers to your mortgage questions.  Wayne can be reached directly at 858-997-6300.

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