dana bain super conforming loan limits: What is a Super Conforming Loan & What are the Loan Limits Per County:
- 06/30/10 10:40 AM
Super Conforming Loan Limits:
Premiere Mortgage Services Inc. www.BainMortgage.com Dana Bain & Robin Bain cover all of MA & NH 800-480-0545 978-422-2311
A super conforming mortgage loan is a term coined by Fannie Mae and Freddie Mac for mortgages in certain parts of the country that are more expensive areas to live. Fannie and Freddie have a mortgage limit of $417,000 in most parts of the country, and anything above that figure they will not buy because it is considered a jumbo loan. Because of the appreciation in home values, certain areas can now apply for loans up … (0 comments)
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