Quick Tip #2 – Great news…
As of today the conforming loan limit in Los Angeles and Orange County was increased to $729,750.00
This means that you can get conforming rates and the best pricing available on loan amounts up to $729,750.00
Although this was announced months ago, and the FHA had already updated these loan limits; most banks didn’t role out the increase to loan limits until today.
1 Comment
Scott Groves
Your Trusted Lender
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This is great news, just sad to hear it took the banks this long to get on track, many people out there would have been much better off if this had gone into effect when congress passed it. This should really help out the real estate market and a lot of buyers who have been on the fence.