Loan Limits

Many homes now under contract will not be able to close after September 30, 2011 if loan limits drop.  Congress needs to takes swift action to make the current FHA and GSE loan limits permanent. The average decline in loan limits would be more than $68,000, which means many potential homebuyers could be priced out of home ownership.  Those wanting to help can contact members of Congress and urge them to make the current mortgage loan limits for FHA and GSEs permanent.

Click on the link below to take immediate action:

https://realtorparty.realtoractioncenter.com/site/Advocacy?pagename=homepage&page=UserAction&id=1653&AddInterest=1064

Christine Choate -

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