7 Apr 2020

Real Estate Loans in a Pandemic: Even if there are houses for sale, Can I get a loan? Can I refinance with these low rates?

The Fannie Mae and Freddie Mac market is alive and well. That is loans up to $510k and in some high cost counties across the US, up to $765,000. Rates are the lowest in a long time. No changes have been made yet to underwriting guidelines. Jumbo loans, which are loans above the Fannie and Freddie loan amounts, is starting to tighten. Bank of America has announced That Santa Clara County and Santa Cruz County