Hurry, hurry! Come one and all. The Economic Stimulus Package has passed both House and Senate and is being signed into Law by President Bush. The impact will NOT be immediate. Banks will have to digest this and work with their investors and corporate policies. So, it won't go into effect immediately, but now is the time to get your loan started. "Conforming" loans may be as high as $729,750 but not a blanket number across the U.S. In California, we should see many of our counties at this maximum limit as it is calculated increase of 125% of the median sales price (closed sales). This will END December 31st, 2008... So THE CLOCK IS TICKING! Father Time 2009 is only months away. Take Action NOW! Let's get it started now: Pat Townsley, California Mortgage Consultants senior Broker. http://www.ptre.net/ : 415-485-1776
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