FHA Loans Oregon

Posts Tagged ‘Mortgage Loans’

There are so many questions that a FTHB, First Time Home Buyer, really needs answered before they can man an informed decsion about buying a home in the Eugene Springfield Oregon area. This is the third in a six part series covering FAQs, Frequently Asked Questions, that I hope will help in the decision process.  Read More

This is the second in a six part series covering FAQs, Frequently Asked Questions, hopefully to help the FTHB, First Time Home Buyer, make an informed decision about buying a home and why it may be time to buy a home in the Eugene Springfield Oregon area? Read More

The government has always be the major source of acronyms in use in the country so I thought I would take advantage of several of them all at once. HUD is Housing and Urban Development, the parent agency of FHA (Federal Housing Administration). FAQs are Frequently Asked Questions and FTHB is First Time Home Buyer. Now that you know the terms, would you like to know why you, as a FTHB, should buy a home in the Eugene Springfield Oregon area? This is the first part of a six part series. Read More

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

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. Read More