After working behind the scenes to negotiate on differences with House Financial Services Committee chairman Barney Frank (D-MA), Senators Chris Dodd (D-CT) and Richard Shelby (R-AL) on Wednesday rolled out a housing proposal that could be put to the Senate floor for a final vote as early as this week.
“Americans are looking to Congress to […]
Filed under: 2008 Loan Limits, Jumbo Loans, Legal | Comments Off
FHA Mortgage Limits
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Filed under: 2008 Loan Limits | Comments Off
March 6, 2008
TO: ALL APPROVED MORTGAGEES
SUBJECT: Temporary Loan Limit Increase for FHA
This Mortgagee Letter provides information on Federal Housing Administration single family mortgage limits as a result of enactment of the Economic Stimulus Act of 2008 (“the Act”). These limits are effective for mortgages endorsed for insurance on or after the date of this mortgagee letter […]
Filed under: 2008 Loan Limits | Comments Off
We get a lot of questions about these - you may want to bookmark this post
2008 Loan Limits
2008 Conforming Loan Limits News Release
2008 Single-Family Mortgage Loan Limits
Single-Family Mortgage Loan Limits effective January 1, 2008:
First mortgages
One-family loans: $417,000
Two-family loans: $533,850
Three-family loans: $645,300
Four-family loans: $801,950
Note: One- to four- family mortgages in Alaska, […]
Filed under: 2008 Loan Limits, Fannie Mae | Comments Off
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