FHA Loans Oregon » fha loan mortgage

One More Reason to Buy Your Eugene/Springfield FHA Home Now

Fred Chamberlin — Fri, 05 Mar 2010 23:02:44 +0000

All new FHA Home Loan case numbers assigned on or after April 5, 2010 will have an increased Up Front Mortgage Insurance Premium (UFMIP). The increase will be from the current 1.75% to 2.25%. On a $200,000 loan in the Eugene/Springfield Oregon area, this is an additional $1,000 cost. By beating this deadline on a purchase you will also qualify for the First Time Home Buyer Tax Credit if eligible. Read More

Good Neighbor Next Door FAQs – Part 3

Fred Chamberlin — Wed, 03 Mar 2010 15:00:58 +0000

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

Good Neighbor Next Door FAQs – Part 2

Fred Chamberlin — Tue, 02 Mar 2010 15:00:10 +0000

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