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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 Real Estate News Orange County, CA Real Estate News
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

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

APR
01
2008
174,461 Points 5 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

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
JUN
17
2010

Wow. This is a rare opportunity that borrowers should take. there are a lot of benefits especially when they temporarily rose the limits. Contact your mortgage company to see.

 

Super Conforming Refinance

Alex Monroe
5:49pm • #5
JAN
19
2011

<a href="http://www.leaderscorpfinancial.com/ "><h1> Mortgage industry after April of 2011 </h1>

I believe the answer to that, would be for the mortgage brokers and mortgage bankers to give more then what the big banks are giving to the public and to the real estate industry. It's a simple philosophy give and you will get much more in return. We have set our path for 2011 strategy and the execution of our strategy will begin in January 15th of 2011. Our strategy will create opportunities for real estate agents to have more business and develop for them a strategy for continuous growth in return to have a massive bonding strategy between the real estate agents in our market with our loan officers in exchange for the value that is provided by the services and the strategies we bring to our industry. All we would like to ask for the loan officers, the mortgage brokers and mortgage bankers that are in the industry and they are facing some financial trouble or facing frustration of growth and development for their office or their company to join us on Facebook and join our company so we could put our hands together and promote what banks can't promote, give the public and the real estate industry something that has never been provided and asking nothing in return.

Our formula for success in 2011 is the way of conquering markets, it's the new way to conquer this industry lets come together and turn this industry to our benefit and show the banks how hard it is going to be for them when we are taking their business away, and how much this industry is in a need for our breed of professionals.

facebook: http://www.facebook.com/apps/application.php?id=164247740284042&v=app_6009294086

twitter: http://twitter.com/#!/georgesleaders

</a>

leaderscorp
8:56am • #6

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Scott Gormley

Chico, CA

More about me…

Oak Valley Mortgage-California Home Loans and Refinancing

Cell Phone: (530) 592-8362

Email Me



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