Posted Dec 4, 2015, 5:47 PM
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Registered User
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Join Date: Jun 2003
Location: Portland, OR
Posts: 1,527
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Another problem is that the conforming loan standards for Multnomah County are too low. The maximum amount for a loan to be conforming (not jumbo) is $417k. Rarely do houses go for less than that, so you have to do either a two loan situation or a jumbo (higher interest rate)
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