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2009 Conforming loan limit - 625K?

Posted on: 08th Oct, 2008 06:32 pm
My realtor just call and told me that the conforming loan limit will be 625K for 2009 for New York and I found this document on realtor.org

XXX. realtor.org/gapublic.nsf/files/fhagse2009loanlimits.pdf/$FILE/fhagse2009loanlimits.pdf


Has anyone heard about this to confirm?

Thanks!
Annie
replace the XXX with W W W since the forum doesn't allow links.
Posted on: 08th Oct, 2008 06:33 pm
Well Annie, the page isn't opening even though I used www in place of xxx. However, the conforming loan limit will be maximum of $625K. The limit will be calculated in individual case by considering 115% of the median home value in your area.

Good luck
Posted on: 09th Oct, 2008 03:52 am
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