New Conforming Loan Limits California Are Lenders Reluctant To Issue Non-conformng Loans These Days Due To The Subprime Fallout?

Are lenders reluctant to issue non-conformng loans these days due to the subprime fallout? - new conforming loan limits california

I live in California, where prices are exorbitant. Looking to buy a new house, but not in a position, on the basis of the boundary line to buy $ 417,000 loan. Lenders are more cautious, non-conforming loans these days because of the recent collapse of the loans "subprime"? I have excellent credit quality (FICO of nearly 800).

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