We have started using the new 'conforming limits' as recently announced by the Federal Housing Finance Agency as a result of the initiatives announced in ARRA (American Recovery and Investment Act).. here is a link to the announcement ...
Please feel free to call / email me to ascertain mortgage financing options that may be available. I would be able to provide you with details of options specific to your scenario with rates / closing costs to help you determine the options most suited to your individual requirements.
Sr. Mortgage Consultant
East Coast Capital Corp
T: (646) 657-1858
F: (212) 202-6165