FHA Loans Oregon

Archive for the ‘FHA 203b’ Category

One of the commentaries that I follow is Think Big, Work Small. This commentary is a video blog by a couple of “over the top” real estate and mortgage video bloggers. They have some really great insight on what is happening that will effect us in the Eugene/Springfield Real Estate Mortgage Market. Read More

Well it really isn’t the last day for case numbers, but after this weekend, any new case numbers for FHA loans will have a 2.25% Up Front Mortgage Insurance Premium instead of the current 1.75%. This is a substantial amount when talking about a $200,000 loan in Lane County, that is an additional $1,000 cost of getting the loan. Read More

The government has always be the major source of acronyms in use in the country so I thought I would take advantage of several of them all at once. HUD is Housing and Urban Development, the parent agency of FHA (Federal Housing Administration). FAQs are Frequently Asked Questions and FTHB is First Time Home Buyer. Now that you know the terms, would you like to know why you, as a FTHB, should buy a home in the Eugene Springfield Oregon area? This is the first part of a six part series. Read More

This is the third and last in a series about the FHA Good Neighbor Next Door (GNND) program Frequently Asked Questions (FAQs). The Good Neighbor Next Door Program is designed to help law enforcement, firefighters, emergency medical and teachers purchase HUD foreclosed homes in targeted areas to assist in the revitalization of those areas. You can check out HUD property listings here. Read More

Yesterday started a series about the FHA Good Neighbor Next Door (GNND) program Frequently Asked Questions (FAQs) about how certain individuals could purchase a home in Portland Oregon and only pay half of the offered price. This is the second in a series that will answer several frequently asked questions (FAQ) about the GNND program. Here is the link to the currently offered properties but these are only available for the GNND program through today. Read More