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Old Posted Feb 2, 2008, 11:16 PM
BTinSF BTinSF is offline
Join Date: Jun 2006
Location: San Francisco & Tucson
Posts: 24,088
^^^The "stimulus bill" in Congress is supposed to push "conforming" mortgages (mortgages Fannie Mae and Freddie Mac can buy) over $700K in CA. With 20% down, you'll be looking at almost $900K that can be bought with a conforming mortgage which, I'm told, is no problem to get even now for those willing to document income. People will need a down payment and some copies of recent tax returns, though.
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