Portland Properties Available at Half Price for Good Neighbor Next Door

An excellent path to a super deal on a home in Portland is the FHA Good Neighbor Next Door (GNND) purchase program for law enforcement, teachers and emergency personnel. The GNND program allows these buyers to get a home at half price if they live in it for at least three years as their principal residence. Right now there are four such properties on the website in Portland, including this one:

Phoenix Area Grand Opening of Mortgage Office

A Tucson mortgage company is expanding into the Phoenix area and has a set of great loan officers that they are hiring.

USDA Direct and Guaranteed Rural Home Loans

USDA Rural Home Loans are extremely popular loans in suburban Lane County Oregon in towns like Creswell, Cottage Grove, Junction City and Oakridge. Primarily because it allows home buyers in qualifying areas to purchase a home with absolutely zero down payment and without the added expense of monthly mortgage insurance. In most cases, the USDA Rural Home Loan is the least expensive loan to obtain and to maintain. There are two types of USDA Rural Home Loans:

Oregon Reverse Mortgage Loan FAQs

FHA has a way of helping Senior Citizens tap the equity in their homes. This is an Oregon Reverse Mortgage. An Oregon Reverse Mortgage is a way for Seniors to save their home from foreclosure or to make their golden years golden. Check out these FAQ (frequently asked questions) from FHA.

Joint Applications when you split up in Eugene/Springfield OR

This site gets questions about mortgage items and I answer the ones that I feel are the most interesting to me and hopefully to others. This one has to with a jointly held mortgage when the people are no longer joint. This can happen anywhere, not just in the Eugene/Springfield Oregon are. Here is the question:

Spokane Washington Borrowers Gain Advantage With FHA And Energy Efficient Mortgage (EEM)

Spokane Washington home buyers, how’d you like to shut out the drafts in that old home you’re looking at, or install a new heating and air system.  Or replace all the old windows with new dual pane models?
An Energy Efficient Mortgage (EEM) can do just that.  And better yet, you do not have to qualify [...]

Oregon Reverse Mortgage key to Retirement Planning

A lot of Senior Citizens had great plans to retire when they were 60 but can’t now due to their 401k nest egg shrinking dramatically. That is where an Oregon Reverse Mortgage can help with retirement planning. Many Senior Citizens either own their home outright or owe a lot less than the value of it and could qualify for an Oregon Reverse Mortgage to ease their daily financial burden.

Close Oregon FHA Purchase Transactions in Three Weeks

Eugene/Springfield Oregon FHA Loans can be closed in three weeks, really! With the time running out on the First Time Home Buyer Tax Credit, this can be a very exciting announcement. The FTHB Tax Credit is available on purchases entered into by April 30 and closed by June 30.

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