This from:  
Keri Shepherd
Indymac Bank
Home Lending
4211 Waialae Avenue,Suite 107
Honolulu, HI 96816
Office: 808-739-7807
Cell: 808-223-4118
Fax: 866-437-2721
Keri.Shepherd@imb.com

As part of the Economic Stimulus package recently passed by Congress, limits on conforming home loans have been temporarily raised from $417,000 to a maximum $729,750 in certain high-cost areas across the country ($793,750 in some locations in Hawaii). Other real estate markets have also seen an increase from the old maximum of $417,000. Instead of paying the higher interest rates associated with jumbo loans, larger loans will now carry the lower interest rate of a conforming loan. Federal Housing Administration (FHA)loans also benefit from this increase.

Ask me if refinancing into a new conforming or FHA loan can save you money each month!

Let’s Discuss Your Unique Situation

Because of the state of the market, credit scores and other qualification requirements have recently changed. I am happy to discuss your creditworthiness, documentation requirements and other criteria to see if the changes to the conforming loan limits in your area will benefit you.

Don’t miss out on this short-term opportunity! Higher limits are only in effect for 2008.