|
|
|
The new loan limit for conforming first mortgages has been raised from $417,000 to $729,750* until the end of 2008 only.
If you are a current homeowner with a “jumbo” loan between $417,000 and $729,750, you may qualify to refinance your jumbo loan** to a conforming loan and take advantage of a lower interest rate and lower monthly payments.
If you are a prospective homebuyer looking at mortgage loans between $417,000 and $729,750, you may qualify to obtain a lower interest rate—buying more home for the same payment.
These new conforming mortgage loan limits are only here for a limited time, so if you are a prospective homebuyer or are considering refinancing, the time to act is now.
To find out if you qualify to take advantage of this unique opportunity, call us at (202) 212-6450 or visit our Loan Center at 1750 H St, NW. Our experienced Loan Officers are available for personal consultations to ensure that your mortgage fits your needs.
* This conforming loan limit applies to most counties in the Washington, DC metropolitan area. Limits may vary by county; contact a lending representative for more information.
** Additional terms and conditions may apply; contact a lending representative for more details.
|
|
