FHA Loans Oregon

Posts Tagged ‘foreclosure’

Short sales, foreclosures and new construction homes all have caveats that need to be considered when pursuing financing.

If the guidelines and potential pitfalls are not properly understood, you could face delays in closing or potentially even a denied loan. Read More

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While many experienced real estate agents have a general understanding of the mortgage approval process, there are a few important details that frequently get overlooked which may cause a purchase to be delayed or denied. Read More

Up until now, get get assistance on an FHA loan in Oregon, the borrower had to be at least 30 days behind on their payments. However, homeowners with FHA-insured mortgage loans who are experiencing financial hardship are now eligible for loss mitigation assistance before they fall behind on their mortgage payments, according to a recent release from the U.S. Department of Housing and Urban Development (HUD). Read More

So you want to buy a home and have instant equity in it? Excellent idea, but do you know all of the facts before you step out there to buy a foreclosure for you and your family? Have you considered that the home you are looking to buy has had a pretty rough life already? Do you have a way to make the needed repairs that have to be done and you would like to do to the home? Are you a first time home buyer looking for your first family home? An FHA 203k Streamline may be the ideal answer to all of these questions. This is one of the very few ways to buy a home in need of repair and have them done as part of the purchase. Read More