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Archive for the ‘FHA 203b’ Category
Good Neighbor Next Door FAQs – Part 1
March 1st, 2010 | 
Author: Saturday I posted information about the FHA Good Neighbor Next Door (GNND) program and how you could purchase a home in Portland Oregon and only pay half of the offered price. Today, I am starting a series (this is part 1) that will answer several frequently asked questions (FAQ) about the GNND program. Here is the link to the currently offered properties. Read More
Posted in FHA 203b, FHA Mortgage Loans, FHA Streamline Refinance, FHA203K Streamline, Mortgage Loans | 
Tags: FHA Foreclosure, fha guidelines, fha interest rate, fha loan mortgage, fha Portland good neighbor next door fha 203k streamline, Multnomah County FHA HUD Homes, Portland Oregon fha good neighbor next door mortgage loans, Portland Oregon fha home mortgage loan, Portland Oregon fha home mortgage loans | 
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HUD offers Good Neighbor Next Door properties in Portland
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: Read More
Posted in FHA 203b, FHA Mortgage Loans, FHA203K Streamline, First Time Home Buyer, Government Loans |
Tags: $8000 First Time Home Buyer Tax Credit, fha guidelines, fha interest rate, fha loan mortgage, fha Portland good neighbor next door fha 203k streamline, Multnomah County FHA mortgage rates, Portland Oregon fha good neighbor next door mortgage loans, Portland Oregon fha home mortgage loan, Portland Oregon fha home mortgage loans |
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How Long to Close an Oregon FHA Purchase Mortgage?
How long does it take from start to finish in the Eugene/Springfield Oregon area? This is an important question with the time running out on the First Time Home Buyer Tax Credit. The FTHB Tax Credit is available on purchases entered into by April 30 and closed by June 30. Read More
Posted in $8000 tax credit, Eugene/Springfield, FHA 203b, FHA Mortgage Loans, First Time Home Buyer |
Tags: $8000 First Time Home Buyer Tax Credit, Eugene/Springfield Oregon fha home mortgage loan, Eugene/Springfield Oregon fha home mortgage loans, Eugene/Springfield Oregon fha mortgage loans, fha guidelines, fha interest rate, fha loan mortgage, fha loan mortgage refinance, fha streamline, Lane County FHA mortgage rates |
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FHA Loans Haven’t Changed Yet
There are some pretty important changes coming in FHA loans that I wrote about earlier, but so far we don’t have those changes in place making purchases harder or more expensive in the Eugene/Springfield, Lane County, Oregon area. Those HUD rules don’t go into effect for some time, so it is still a great time to purchase a new home in Springfield or Eugene using FHA. The UFMIP (up front mortgage insurance premium) hasn’t increased yet but will, so take advantage of the lower amount now. Read More
IDA Program Needs Assistance in Donations
One of the great programs that I have had the pleasure of working with is the IDA (Individual Development Account) program. This program can be used to accumulate a down payment to buy a home on a 1 to 3 ratio. For every dollar the participant saves, the IDA program contributes $3. Pretty good ratio, I think. However, today I found out from NEDCO (Neighborhood Economic Development Corporation of Lane and Marion Counties), one of the IDA program organizations, that they are out of money for the program. Read More
