Loan Limits Raised To $729,750, It’s Official *
Apr.22, 2009 in
Mortgage/Rates
*-at some banks
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April 22nd, 2009 at 4:43 pm
Elaborate, please…
April 23rd, 2009 at 12:02 pm
Actually, that’s old news. It’s $729,000 I think is the amount from the previous $625,500 which was effective ever since April 4, 2009.
April 23rd, 2009 at 4:48 pm
Actually, it’s not old news. Some lenders already have loan products at this new level, which is $729,750, but many still do not. Wells Fargo will have this product on Monday (we’re told).
April 23rd, 2009 at 8:13 pm
Almighty1,
The announcement was made, but the availability wasn’t there. Now we’re told that the actual lending will begin soon.
April 29th, 2009 at 7:03 pm
Hmmm, interesting. When I talked to Wells Fargo back on April 8, 2009 – they said they already had it available. Metrocities was the one that told me it will be available on April 4, 2009 when I asked in March.