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usda guaranteed home loans: USDA to Issue Conditional Commitments - 05/11/10 03:35 PM
I just received the following update from the USDA regarding their popular USDA Guaranteed Rural Home Loan Program.
"Fiscal Year 2010 Appropriated Funds - Issuing Conditional Commitments once Appropriated Funds are Exhausted The Single Family Housing Guaranteed Loan Program (SFHGLP) will issue Conditional Commitments once currently appropriated funds for FY 2010 are exhausted.  Conditional Commitments will be issued "subject to the availability of funds and Congressional authority to charge a 3.5 percent guarantee fee for purchase loans and a 2.25 percent guarantee fee for refinance loans." 
The good news is that this means that business moves forward as usual, HOWEVER, note that these … (1 comments)

usda guaranteed home loans: Forest Grove First Time HomeBuyer and the USDA 100% Financing - 08/01/09 04:31 PM
 Forest Grove First Time HomeBuyer The USDA has loosened their guidelines recently to allow Forest Grove to qualify under the USDA Guaranteed Rural Home Loan program This Home now qualifies for 100% Financing!!   Remodelled 1910 Farm House in Forest Grove, Oregon
 2503 A St, Forest Grove, OR 97116 
 
Check out more pictures of this house by
CLICKING HERE!
Beautiful 3 bedroom, 2 bath home close to Pacific University, downtown, quaint shops and parks. Pictures and words do not do this home justuce. This is a MUST SEE. Forest Grove is a beautiful, small town at the base of the Oregon Coast Range. It … (2 comments)

usda guaranteed home loans: 102% USDA Guaranteed Rural Home Loan - 11/01/07 11:42 PM
 102% Financing for Rural Oregon.
Guaranteed!!
(You might be surprised at what's considered Rural)
It is becoming harder and harder for a first time homebuyer to purchase a home, yet there are still many affordable homes if you have a down payment or the advantage of a program that helps you qualify for more home.
Guaranteed Home Loans: Rural families and individuals may be eligible to become homeowners with the help of a U.S. Department of Agriculture - Rural Development guaranteed loan. Sometimes good credit and a steady income are not enough to qualify at a mortgage lending center. A sizable … (2 comments)

 
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Larry Morris, Oregon Mortgages

Sherwood, OR

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HomeStreet Bank

Address: 16200 SW Pacific Highway, Suite Z-3, Tigard, OR, 97224

Office Phone: (503) 639-2459

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Relevant news and information about issues relating to Oregon and Southern Washington mortgages and real estate. These views do not represent the views of HomeStreet Bank. View Larry Morris's profile on LinkedIn
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