Posts Tagged ‘fha streamline’

FHA Loans three and five years ARMs (adjustable rate mortgage) can be a great way help someone that is on the verge of qualifying for a home loan in Eugene/Springfield. They could always be refinanced with an FHA Streamline refinance later to get a 30 year fixed rate. Read More

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

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

Two listings of Eugene homes for sale by the Department of Housing and Urban Development (HUD) are reporting a price reduction today, possibly making them an even bigger deal. These homes, called HUD Homes on are listed the HUD website. These two properties are first offered to people in the Eugene/Springfield, Lane County Oregon area that are going to use them for their primary residence. If there is not enough interest, then they will be offered to anyone. Read More