The 2008 $567,500 loan limit for a single family home have expired, but instead of returning to the previous $417,000 loan limit they have set a new temporary conforming loan amounts for 2009.
Here are the 2009 conforming loan amounts for Seattle:
Single Family: $506,000
Two Family: $647,750
Three Family: $783,000
Four Family: $973,100
I read a great blog today where I learned something new about your credit score & how to get the best score. So that I don’t plagiarize I’m going to include a link to the blog, but it boils down to this… It’s more than just having open credit on your credit cards and paying your bills on time. Only 35% of your credit score is based off of on time bill payment. Your credit score is based 30% on how much each card is maxed. You don’t want any one credit card to have more than 30% of its total amount used.
Check out Ardell’s blog on this for the full story. http://www.raincityguide.com/2007/06/28/fico-algorithm-says-dont-consolidate/
Posted in Credit
Just Jenn .... Bi-monthly blog 