How does the American Recovery and Reinvestment Act of 2009 affect your mortgage payment?
New legislation has temporarily increased conforming loan limits in specific counties across the country. Interest rates on "conforming" loans, which are backed by agencies like Fannie Mae, Freddie Mac, and even FHA are at historically low rates! Rates on Conforming loans are ALWAYS lower than Non-Conforming loans since they are underwritten based on the guidelines set by these agencies.
If you are still in a risky Adjustable Rate Mortgage (ARM), find out why NOW is the right time to see if you qualify for a low fixed rate conforming loan based on this new legislation! Take advantage of these temporary limits for conforming loans and call us TODAY to find out how much you can save!
*Limit increases for 2009 were established as part of the American Recovery and Reinvestment Act of 2009 (ARRA) and vary by county. To find out the limit for your county, complete the form below.
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Fort Funding Corp.
278 Route 34
Matawan, New Jersey 07747
1-732-765-8300
HUD Approved Lender
* Licensed Mortgage Banker - New Jersey Department of Banking and Insurance
* Licensed Mortgage Banker - Florida Department of Financial Services
* Licensed Mortgage Broker - State of Connecticut Department of Banking