For the 4th consecutive year, the government has set the conforming mortgage loan size limit at $417,000. A conforming mortgage is one that, quite literally, conforms to the mortgage guidelines set forth by Fannie Mae or Freddie Mac. The 2009 conforming loan limits, as released by the government, are: 1-unit properties : $417,000 2-unit properties […]
Jumbo Loan Limits Set for 2009
November 19th, 2008 · Comments Off on Jumbo Loan Limits Set for 2009
Tags: Economy · Mortgage Lending