*** Important News for California***
The Economic Incentive Package has passed, temporarily raising the maximum loan limits for FHA, Fannie Mae and Freddie Mac loans from $417,000 to $729,750 for homes in most parts of the San Francisco Bay area. This limit is set to expire on January 1, 2009.
This GREAT NEWS creates a window of opportunity for Buyers, Sellers and Borrowers. FHA loans, in particular, offer lower interest rates, lower down payments and flexible credit terms not available on loans over $417,000 before this new legislation was signed.
Whether you're interested in buying or selling a home, or looking for the best purchase or refinance loan, Napa Land & Loan can help. We have access to over 130 different lenders competing for your business.
Michael D. Imfeld, attorney, Realtor® and real estate broker, has 15 years experience working with lenders and real estate transactions. Use the free links on the left to check out Bay Area homes for sale and loan information which will help you make a prudent loan decision. You can check on Zillow.com for estimated values for Bay Area real estate (not as accurate as an appraisal but instantly available for free.) Ask us about comparable home prices in your area.
For the information you need to make a prudent decision, check out www.PrudentBorrowers.com or give us a call at (888) PRUD-411 and let us help you sell your home, or qualify you for the home of your dreams or the refinance you need.
The information on this site does not constitute legal advice and use of the site does not establish an attorney client relationship.