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VA Lending Limits for Texas Cities Although VA guaranteed loans do not have a maximum dollar amount, lenders who sell their VA loans in the secondary market must limit the size of those loans to the maximums prescribed by GNMA (Ginnie Mae) which are listed below.
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Rainbow, TX mortgages that “conform” to the standards set out by the Federal Housing Finance Agency can be purchased by Freddie Mac and Fannie Mae. This process guarantees banks are able to resell Rainbow, TX mortgage loans that have been made. As a result, Rainbow, TX mortgage rates today are lower than jumbo interest rates in Rainbow, TX.
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Homes for Sale in Rainbow, TX have a median listing price of $325,000 and a price per square foot of $150. There are 5 active homes for sale in Rainbow, Texas, which spend an average of days on.
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