I wanted to let you know that as of last week we have increased the Conforming loan limit to 715k.
This is good for both buyers and sellers. It means more people will be able to qualify for loans in this price range, and hopefully more houses will be sold.
Jumbo rates are higher than Conventional rates, and the down payment is higher also.
If you want to see if you or someone you know will qualify for financing just reach out to our office. We are here to help you!
That’s it for today!
Have a great week!
Brett
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