Super conforming loan limit in King County

Credit and mortgage advice Forums Buying Your Home Buying a Home in Seattle Super conforming loan limit in King County

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      Anonymous
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      My broker is pushing us to close a house before Dec 31 for a 500k loan. He said the super conforming loan limit may change in 2012, (they did drop it from 570k to 506000 in Sep), if the limit is dropped, we may have to get jumbo loan rate for 500k mortgage. I don’t know if my broker has some other reasons to push us to close before Dec 31 or it is true that gov is going to drop the super conforming loan limit in Jan 2012. does anyone have similar experience? we are first time home buyer.



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