The Sapphire Mortgage Blog

November 20, 2008

Mortgage Scam Targets Hawaii Homeowners

Filed under: Mortgage Industry News — by nbayron @ 4:56 pm
Tags: , ,

http://kgmb9.com/main/content/view/11550/40/

One of our clients was approached with this scam so we wanted to bring this out so people can be aware and avoid getting trapped. If you are having difficulty paying your mortgage or facing foreclosure, please call Andrew or myself at 808-242-8110 to assess your situation and see if we can’t help you! 

November 7, 2008

2009 Fannie Mae & Freddie Mac loan limits

November 7th, 2008, Today the Federal Housing Finance Agency (FHFA) announced the conforming loan limits fpr Fannie Mae and Freedie Mac will remain at $417,000 for most of the United States and $625,500 for Hawaii with the exception of the High-cost area proivisions outlined by the Housing & Recovery Act of 2008 (HERA). (The conforming limit is the maximum size of loans that Fannie Mae & Freddie Mac can purchase in 2009.)

For Hawaii State that means:
                                  1-unit       2-unit            3-unit         4-unit
Honolulu County, HI   $721,050    $923,050     $1,115,800    $1,386,650
Kauai County, HI       $713,000    $912,750     $1,103,350    $1,371,150
Maui County, HI        $626,750    $802,350       $969,850     $1,205,300
Hawaii County, HI      $625,500   $800,775       $967,950     $1,202,925

To read the actual press release by The Federal Housing Finance Agency (FHFA), please drop me an email to Nancy@MauisMortgage.com and I would be happy to forward it to you!

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