Just got the above email from one of my best lenders, and the number one wholesale lender in the country. They are expanding the max Conventional loan limit to $625K starting today! Meaning we don't have to wait until mid-November to use these higher loan amounts.
AVOID JUMBO PRICING AND GUIDELINES!
Contact me if you have any questions!
This is good news to share. Starting next year, if you transfer money to someone via Cash App, Venmo, paypal, etc., they are going to start sending you a 1099 for anything over $600. The more you know. https://www.cnbc.com/2021/03/26/its-going-to-get-harder-to-avoid-telling-the-irs-about-income-from-online-sales.html