FHA Loans Oregon » FHA 203b

FHA 203k Streamline Is The Answer

Fred Chamberlin — Mon, 01 Feb 2010 22:28:58 +0000

This question was posted on our website recently. It is a complicated question with a very simple answer. If you want to purchase a home that needs some repairs and would like to include the repairs in your loan, the way to do it is with an FHA 203k Streamline. This loan works no matter where you are and is one of the easiest ways to get your home in tip top shape once you purchase it. The Eugene/Springfield, Lane County Oregon area has some prime properties that this is an exceptional way to advance. Here is the question: Read More

FHA announces HUGE changes!!!

Fred Chamberlin — Wed, 20 Jan 2010 16:43:24 +0000

WOW! There are changes, and then there are changes. FHA Commissioner David Stevens announced today a bunch of policy changes designed to strengthen FHA’s Capital Reserves. Those changes range from raising down payment requirements, to raising upfront and monthly mortgage insurance premiums to lowering the seller concessions. These are changes that can make huge differences in a person’s ability to actually get an FHA loan in the future.

FHA announces HUGE changes!!! is a post from: FHA Loans Oregon

FHA Energy Efficient Mortgage – Good Idea??

Fred Chamberlin — Fri, 20 Nov 2009 19:16:07 +0000

FHA offers a benefit to their mortgage products that most people either are not aware of, or if they are aware of it, don’t think it is a great benefit. This is the Energy Efficient Mortgage which gives you the ability to add an additional $8,000 to your mortgage for energy related upgrades, either on a purchase or a refinance. On the surface, this sounds like a really great deal, however, I have found that it leaves a bit to be desired when it comes to the actual implementation.

FHA Energy Efficient Mortgage – Good Idea?? is a post from: FHA Loans Oregon