Happy New Year from Fannie Mae and Freddie Mac

www.BlackhawkLivingCA.com

@BlackhawkLivingCA

By Steve Cline, Preferred Financial

New, much higher 2019 loan limits have just been announced:

Regular Conventional Limit - $484,300 (previously $453,100)

High-Balance limit - $726,525 (previously $679,650)

These higher limits are welcome news for anyone looking to:

*Consolidate more debt with zero costs involved

*Pay off existing adjustable HELOC’s, most likely making it tax deductible

*Take advantage of increased purchasing power

*Pay less out of pocket to buy your loan balance down out of jumbo and into conforming range at a lower interest rate

The new limits are in effect now and I will be happy to price out a refinance or purchase loan with your specific needs in mind. Call at 925-820-5557 or email me at scline@preferredfinancial.com. Have a wonderful new year.

Steve Cline Mortgage Broker and Insurance Broker

Office phone - (925) 820 - 5557

Email - SCline@PreferredFinancial.com

Website - www.PreferredFinancial.com