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Fannie Mae and Freddie Mac maximum loan limit is $417,000. This is significant in that buyers searching for larger more expensive homes can now utilize the conforming loan rates in financing their purchase.

We offer Conforming and Jumbo financing to $3.0 million. In addition to 30 and 15 year fixed rate programs we have ARM programs with interest rates fixed for 3 years, 5 years and 7 years.

Another mortgage choice growing in popularity is the interest only financing option. These programs are available as either Fixed rates or ARMs with interest only payment options.

1.	Do I need to pick the property I want to buy before I fill out the application? Answer
2.	After I submit my loan, what happens next? Answer

Q :	Do I need to pick the property I want to buy before I fill out the application?
A :	No, you can fill out the application first, and once your loan is approved you can make changes to it up until the time that your loan rate is locked.

Q :	After I submit my loan, what happens next?
A :	Once your loan has been submitted, one of our loan representatives will be assigned to your account and will be calling you with information about your loan.