The Veridian Blog

Today, we are accepting applications for loans at the 2008 maximum high-balance conforming limit of $729,750 as a result of President Obama’s American Recovery and Reinvestment Act of 2009.  Depending on the location of the subject property, this limit can be as high as $729,750.  This limit was reduced on December 31 last year and has now been reinstated – please call us for new rates and guidelines!

Note that some of the best rates are still available only on standard conforming loans of $417,000, but rates for loans in the high-balance conforming range are comparable and substantially better than that of loans in the Jumbo range beyond high-balance conforming limits.