SoCal Mortgage Blog

July 26th, 2011 12:08 PM

 

The temporary Super Conforming loan limits, which are for loan amounts up to $729,750, are scheduled to expire September 30, 2011. Super Conforming loans exceeding the "permanent" loan limits for 2011, which allows for loan amounts up to $625,500, will not be allowed to lock with a lock period expiring after September 30, 2011.

The last day to lock a Super Conforming loan amount greater than the permanent loan limits, which consists of loan amounts greater than $625,500 up to $729,750, will vary based on the lock period:

60-day lock - 8/1/2011

45-day lock - 8/16/2011

30-day lock - 8/31/2011

21-day lock - 9/9/2011

12-day lock - 9/18/2011

If your loan amount falls within the expiring range, it is best to call today to secure your loan terms and interest rate.  949-478-FUND(3863).

 

Posted by John A Soricelli Jr on July 26th, 2011 12:08 PMPost a Comment (0)

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