When would lenders start giving loans using the new loan limits announced by HUD raising the limit to 729K?

Asked by Sunil, 95008 Fri Mar 7, 2008

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4
Andrea Gomez, Other Pro, San Antonio, TX
Sat Aug 10, 2013
Now. FHA goes up to 729k in some counties in CA
0 votes
Jacob Varghe…, , San Jose, CA
Fri Mar 7, 2008
Sunil,

Some lenders have already announced today 7th March, 08. Some are still calculating what rates to offer etc. etc.

Jacob
Web Reference:  http://www.onewallstreet.com
0 votes
Sara Greenwo…, Agent, San Jose, CA
Fri Mar 7, 2008
Hi Sunil,

Local mortgage professionals say they still don't know exactly when they will be able to fund loans at the new limits, and what the interest rates will be. Details are still being worked out among government agencies and lenders

http://www.mercurynews.com/realestatenews/ci_8486528?nclick_…
0 votes
CJ Brasiel, Agent, San Jose, CA
Fri Mar 7, 2008
Sunil -
Check out this other link for more information.

http://www.trulia.com/voices/Financing/New_conforming_loan_l…

CJ
Web Reference:  http://www.TalkToCJ.com
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