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Satisfied Borrowers
"I recently closed on a mortgage loan through Total Mortgage and I want to let you know how pleased I was with the procedure. I have been through this process numerous times, and each time I have had problems with honesty and communication. That is, until I used Total Mortgage. My loan officer is Paul P. and the processor is Tiffany A... more...
- Kevin B., Michael P. B., Toms River, NJ
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New Conforming Loan Limits
The Federal Housing Finance Agency has announced that the conforming loan limit will remain at $417,000 for 2009 for most areas of the U.S. The conforming limit is the maximum size of loans that can be purchased by Fannie Mae and Freddie Mac.
As part of the Economic Stimulus Package of 2008 the conforming limit was increased in certain "high cost" areas of the U.S. and while this arrangement is in place again for 2009, the limits for most "high cost" areas will vary from last year's limits.
Total Mortgage offers this free calculator tool to check the new conforming mortgage loan limits based upon your county and state.
Call a Total Mortgage expert now at 877-868-2503 to find out how we can customize a mortgage loan with some of the lowest current mortgage rates for you.
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Mortgage Rate Quote
