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I had heard from my lender that he would get updated details ~april 4th.... i havn't seen anything online however.
Has anything been released?
thanks!
http://www.makinghomeaffordable.gov/
Ya i guess i was looking for something that would be holding lenders and brokers from starting loans for people under new guidelines/regulations. Whether that be part of this plan or updated FHA or Fannie/Freddie etc.
From reading through the Pro. forum sounds like as of yesterday a lot of stuff was just starting to hit the streets. And more waiting is in the works...
We are seeing a few lenders come out with the program. What questions did you have on the program?
I have one. I haven't been able to verify if this applies to loan amounts over $417K. All I've read refers to "Conforming Loan Limits" but does not address high balance or jumbo conforming.
Assuming the loan is held by Fannie or Freddie but is over the $417K, do you have verification it's eligible?
Thank you
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