FHA, Fannie Mae loan limits extended to 2011

Posted On: Thursday, September 30, 2010 - 2:44pm | Posted By: Rob Rogers
Topics: Market Statistics | Tags: Fannie Mae, FHA, loans

Great news for San Francisco home buyers, Congress has extended the increase in loan limits of $729,750 through Sept 2011!  This move makes many properties within the city eligible for these lower cost loans.  Loan limits over $729,750 are not insured by the government agencies and are generally much tougher to qualify for, and are at a higher interest rate.  If Congress had not passed this extension, the loan limit would have diminished significantly!  http://www.inman.com/news/2010/09/30/fannie-freddie-fha-loan-limits-extended

Rob Rogers

During his 20 years in the real estate industry, Rob has successfully negotiated nearly 1,000 transactions, earning top Producer status year after yea
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