fairfax real estate: Buyers will enjoy some awesome financing opportunities in Northern Virginia!
- 03/16/08 07:01 AM
$729,750 is the New Maximum Loan for FHA, Fannie and Freddie! On 3/6/08 FHA, Fannie Mae, and Freddie Mac announced that they have raised loan limits set by the economic stimulus bill. FNMA and FHLMC will only purchase jumbo-conforming mortgages that are originated through December 31, 2008, and that are secured by one-unit properties. Mortgage lenders will assist customers with implementation by providing reference materials including an online loan limit reference tool and guidance on our loan limits based on a property's geography, both of which are available as of this writing in mid March. Prior to
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