Second Homes and FL Jumbo Loans ( > 647k ) Are About To Get Very Expensive after April 2022

Hello,
I wanted to get this critical information out about a change FHFA (Fannie Mae) made yesterday. The change will impact your costs on obtaining financing on a second home and loans above 647k, which is called "high balance."
The video above has all of the essential info if you plan to purchase a 2nd home soon and or you plan to pull cash out on a " high balance " or "JUMBO" loan.
These costs, called LLPA ( loan-level price adjustments), take effect on April 1st, 2022. But you need to be in application and locked by February 14th to avoid these costs.
Link to the announcement - https://singlefamily.fanniemae.com/media/30326/display

Reviews

"Tom is by far the best and most professional in the business. You’d be a fool not to hire him! He is always available and always on his game. I’ve used him twice now and won’t use anyone else moving forward. I’d give him 10 Stars if I could"

paul gagliardo

"From pre qualifing to closing everything went extremely smooth and timely. Plus kept us up to date along the way. Would definitely use again. Thank you."

karen a

"Tom knows his job for sure! Very professional and get things done as fast as possible. Easy to communicate with. Always ready to help answer any questions we had."

zurany