An excellent path to a super deal on a home in Portland is the FHA Good Neighbor Next Door (GNND) purchase program for law enforcement, teachers and emergency personnel. The GNND program allows these buyers to get a home at half price if they live in it for at least three years as their principal residence. Right now there are four such properties on the website in Portland, including this one:
A Tucson mortgage company is expanding into the Phoenix area and has a set of great loan officers that they are hiring.
USDA Rural Home Loans are extremely popular loans in suburban Lane County Oregon in towns like Creswell, Cottage Grove, Junction City and Oakridge. Primarily because it allows home buyers in qualifying areas to purchase a home with absolutely zero down payment and without the added expense of monthly mortgage insurance. In most cases, the USDA Rural Home Loan is the least expensive loan to obtain and to maintain. There are two types of USDA Rural Home Loans:
FHA has a way of helping Senior Citizens tap the equity in their homes. This is an Oregon Reverse Mortgage. An Oregon Reverse Mortgage is a way for Seniors to save their home from foreclosure or to make their golden years golden. Check out these FAQ (frequently asked questions) from FHA.
This site gets questions about mortgage items and I answer the ones that I feel are the most interesting to me and hopefully to others. This one has to with a jointly held mortgage when the people are no longer joint. This can happen anywhere, not just in the Eugene/Springfield Oregon are. Here is the question:
Spokane Washington home buyers, how’d you like to shut out the drafts in that old home you’re looking at, or install a new heating and air system. Or replace all the old windows with new dual pane models? An Energy Efficient Mortgage (EEM) can do just that. And better yet, you do not have to [...]
A lot of Senior Citizens had great plans to retire when they were 60 but can’t now due to their 401k nest egg shrinking dramatically. That is where an Oregon Reverse Mortgage can help with retirement planning. Many Senior Citizens either own their home outright or owe a lot less than the value of it and could qualify for an Oregon Reverse Mortgage to ease their daily financial burden.
Eugene/Springfield Oregon FHA Loans can be closed in three weeks, really! With the time running out on the First Time Home Buyer Tax Credit, this can be a very exciting announcement. The FTHB Tax Credit is available on purchases entered into by April 30 and closed by June 30.
This morning my alarm clock went off at 6AM, like every other day. Like most people these days, according to recent marketing studies, I reach for my Iphone to get a feel of what the mood in the financial markets will be like by the time I reach my office. Today the overall mood was grim at best. [...]
With historic rates and property values so low, many Rhode Island borrowers are looking to purchase a “fixer up”. Below is a streamlined 203k limited repair guide prepared to assist you in the process. 1. Make offer on home contingent on buyer being approved for renovation loan. The sales agreement should be the purchase price [...]
*This is not an offer to lend. 
Obama Refinance Plan For San Jose Homeowners AnnouncedHome Affordable Refinance Program Update Harp 2 Bay Area San Francisco California March 2012 Guidelines for Purchasing a 3 to 4 Unit Property with FHA Financing in Alameda, CA8 Year Fixed to 30 Year Fixed. You Can Choose Your Loan Term In San Jose
