Principal Broker of Neptune Realty in Virginia Beach, Va

Conforming Loan Limits Unchanged For 2012

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  A conforming mortgage is one that, literally, conforms to the mortgage guidelines as set forth by Fannie Mae and Freddie Mac.  Conforming mortgage guidelines are Fannie's and Freddie's eligibility standards; an underwriter's series of … [Read more...]

Conforming Loan Limits Drop In High-Cost Areas

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  For homeowners in high-cost areas nationwide, conforming and FHA loan limits have dropped by as much as 14 percent. Effective October 1, 2011, the temporary mortgage loan limits that allowed for non-jumbo loan sizes of up to $729,750 are no … [Read more...]

Temporary Conforming Loan Limits Expire September 30, 2011

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If you live in a high-cost area, keep an eye on your calendar. Effective October 1, 2011, temporary conforming loan limits will be lowered nationwide. Perhaps by as much as 14 percent. These limits range up to $729,750 currently. "Temporary loan … [Read more...]

Eric Cardon Real Estate Broker 4445 Corporation Lane #190, Virginia Beach, VA 23462 (757) 581-7898
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