I was happy to read in our local newspaper that a new Affordable Housing construction project is almost ready in White City, an unincorporated area just north of Medford. Auburn Estates is the name of this development and it looks like a great place for families. Only recently have we seen prices reach this range in our area, and these are new construction single-family town homes.

With a starting price of $159,900, this price point is well within the range of the Oregon Bond Loan program for First Time Home Buyers. At a rate of 5.125% on the RateAdvantage program (5.94% apr), Auburn Estates may be a great opportunity for the First Time Home Buyer that qualifies for this program.

In this price range, there are several options for you in the Rogue Valley. One really questions why you would rent when you could own. If you are ready to take the step forward to find out how you, too, can experience the American Dream of Homeownership, contact us at www.Quality4Loans.com and take the first simple step by finding out how much of a home loan you qualify for, at no cost or obligation to you.

See you at the closing table!

Karen Cooper - Mortgage Consultant Oregon/California www.Quality4Loans.com