Today is Tuesday, January 06th, 2009

All Posts Tagged With: "GSE"

New Conforming Loan Limit Calculator by Zip Code.

We are now getting a glimpse of how investors(mortgage providers) will be treating the new Fannie Mae/Freddie Mac conforming loan limits which were part of the national stimulus package. The first of many investors are coming out with general underwriting guidelines. It appears they are moving cautiously. This may speak volumes on their attitudes on the subject of increased loan amounts. Moreover it appears that they will be categorizing these loans in a different conforming product bucket. (Conforming Jumbo Loans)Below is a conforming loan limit calculator as well as some highlights of the guidelines.

Loam Limit Calculator by Zip Code

Calculate your new mortgage loan limit by Zip Code. Click Here

NAR Stimulus Package.. A Wishlist?

National Association of Realtors began asserting itself in Washington this last week as it began urging President George Bush and other law makers to push harder to get Government Sponsored Enterprises,