New Conforming Loan Limits
Have you been trying to find information on the new conforming loan limits? Ocean Pacific Capital, based in California, is pleased to announce the new offering of the jumbo loan program! New jumbo loan program limits are now available up to $729,750. For over 30 years, Ocean Pacific Capital has offered the best interest rates and loan programs. We are proud to back the Economic Stimulus Act of 2008 and announce the temporary loan amount increase of up to $729,750 for conventional first mortgages in areas of higher costs. While this increase in higher new conforming loan limit amounts will offer more opportunities for homeownerships, it is not available in all regions, as only higher cost areas are applicable at this time. In addition, it is effective for loan closings through the end of the year in 2008. We are excited to offer this new conforming loan limit program to our clients and prospective borrowers. For more information and to see if you may qualify, please contact our residential loan specialist today. We are available 24 hours, 7 days a week, toll-free at 1-800-595-1474.