Tuesday, April 8, 2008

Conforming Jumbo and Stimulus Loans

My loan broker has been trying hard to get these new Conforming Jumbo and Stimulus loans for purchases and refinancing. These loans are slowly materializing in the market. If you are a homeowner that still has some equity, it is time to consider refinancing that ARM to a 30 year fixed. If you are a new home Buyer, many of these loans may not exist after December of 2008 this year which is something to keep in mind during your planning.

I will keep you posted when I am able to secure one of these loans.


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