Real estate blog entries tagged with rural development by Jose Delgado (Opes Advisors, INC.)

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Home : Blogs : Jose Delgado : Jose's Blog : Tag "rural development"

rural development: Oregon Bond Loan Program Update!! - 02/17/09 06:10 PM

Effective immediately; The OHCS (Oregon Housing and Community Services) Home Loan Program, otherwise know as the Oregon Bond Loan, will no longer be accepting "new" reservations for new loans that require Mortgage Insurance. This is due to MI company rating downgrades. If you currently have a loan reserved with the OHCS they will still honor it. What does this mean? Now that this has been iliminated, the few loan programs that are left for the low to no down payment options would be:
FHA - Requiers 3.5% down payment - This can be combined with Oregon Bond Loan
Rural Development Guarantee - … (0 comments)

rural development: Guaranteed 102% financing for Rual areas! - 10/20/08 10:19 PM

As of Friday October 17th, Funding for Rural Development's Single Family Housing Guaranteed Loan program is now available for fiscal year (FY) 2009. The Rural Development Guaranteed loan Program, or referred to as RD, is a guaranteed loan that is flexible to accommodate people who need 100% financing who are looking to purchase in a defined rural area. RD assists thousands of families and individuals annually to become homeowners.

Here are the basics on how it works:
•· Finance full purchase price plus closing costs up to 102% of appraised value.
•· No … (1 comments)

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Jose Delgado

Eugene, OR

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Opes Advisors, INC.

Address: Eugene, OR, 97401

Cell Phone: (541) 968-5648

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