Conforming Home Loan Limits in Orange County, California have temporarily increased from:

$417,000 to $729,750 until December 31st, 2008

Do you fit into the box of what banks are looking for?

Here's the checklist. If you can answer yes to all these questions, call me!

You're currently in a mortgage rate at (or set to go over) 6%

You have 700+ Mid FICO® scores

All borrowers have a stable job history for the past 2 years

The property is an owner-occupied, single family residence

You have a minimum 20% equity position in the property

You have the ability to provide full documentation of income & assets

You have no mortgage lates in the past 12 months

You want a better mortgage

                                                                                        Sound Demanding?

It is, but it's worth it!

  

As Non-Conforming rates climb over 8% for a 30 year fixed and continue to rise, now is the time to take advantage of the "Economic Stimulus Package" and get into a great 30 year fixed rate.

  Call me today!

 

 

 

 

 

 

 

Scott Gormley

Broker/Owner

Beach Town Mortgage, Inc.

Direct: 949-916-1460

Website: www.BeachTownMortgage.com

Email: Scott@BeachTownMortgage.com

 
This post has been included in California Information Orange County, CA Information
Post is included in group: Realtors®
Post is included in group: Mortgages
Post is included in group: What is New in Loan Products
Post is included in group: All About Mortgages/Mortgage Networking
Post is included in group: Realtors Needing the services of the Lending Powers

4 Comments on Conforming Loan Limits Temporarily Raised in Orange County, California!

APR
01
2008
147,532 Points 2 Featured Posts Outside Blog

Its more difficult to get a loan but it looks like prices are going down at least.

Current Mortgage Rates Widget for your Active Rain Profile

12:01am • #1

this should of happened a few years ago

12:03pm • #2
MAY
07
2008
222,212 Points Outside Blog

Great information Scott.

Have a great day!

11:17am • #3
it's nice in theory, but it still comes down to credit
11:19am • #4

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Scott Gormley

Chico, CA

More about me…

Oak Valley Mortgage-California Home Loans and Refinancing

Office Phone: (530) 361-6202

Cell Phone: (530) 592-8362

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