4/28/08
With the Federal Government's Economic Stimulus Plan allowing Fannie and Freddie Mac to issue loans as high as $729,750, we've seen a tremendous increase in loan applications for refinances as well as purchases. With rates significantly lower than traditional Jumbo loans, borrowers are scrambling to take advantage while these products remain. The new loan limits are set to expire December 31st, 2008.
Please call one of Mercury Lending's experienced Mortgage Specialists to determine if this program is right for you.