The president was expected to sign the bill to raise the loan limits yesterday afternoon. However, Fannie and Freddie's regulator said before it would happen their risk basing would have to change to account for the new risks. He also added that it would be another month to possibly three months before we saw the change happen. When it does increase it will help our market by allowing 100% financing or 3% down well above $417,000.
Rainer
213,738
213,738
Veterans United Home Loans NMLS #1907564 Lynnhaven Pkwy#200Virginia Beach,VA23452
smartphone(757) 237-4920
Contact The Author
Recent Posts
Lending / Financial
almost 10 years ago
Comments (0)Subscribe to CommentsComment