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Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

What is a Super Conforming Loan & What are the Loan Limits Per County:
 
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 to $625,000 and even $729,000 because of the high cost of homes.
  
  
  
2009 Super-Conforming First Mortgage Loan Limits Up to $729,750 Now Available in High-Cost Areas
On February 17, 2009, President Obama signed the American Recovery and Reinvestment Act ("ARRA") which established "high-cost" area conforming loan limits (termed ‘Super-Conforming') in specific counties in addition to the standard conforming loan limits. Please contact your Financial Advisor for more information about Super-Conforming loans.
ARRA High-Cost AreaLoan Limits
 
 

 
 
 
 
 
 
 
Dana K. Bain
President
 
MLO 18693
 
www.PremiereMortgageServicesInc.com
www.BainMortgage.com
 
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