Thanks, Tim. As clafontant05 mentioned above, my mortgage counselor was not even aware of the change in loan limits. Is there an official reference I can point her to so that we can have her write a property-specific letter with the new loan limits?
We are in Sunnyvale, California, and have the same question.
When I asked our mortgage counselor about it, she said:
‘am glad he wrote what he did on the blog, but please note that it has not yet reflected in the file. you could email him so that he can get the right departments to update the system, but beyond that, I can’t pull the PSL for the requested amount the system will not allow that’
Can you please let me know when the NACA web file will be updated to reflect the 2020 loan limits? We would like to write an offer due July 8 with the 2020 loan limits.
If you cannot answer the question, please let me know who I can reach out to.