Have you heard of the Grape Street Village Project being built by Rogue Valley Community Development Corporation (RVCDC) at Grape and 11th in West Medford? Unlike the Mutual Self-Help project RVCDC is building in Ashland, this project will only require 100 hours of sweat equity from the buyers. These will be patio style homes that the homeowner will own, but the land will be held in perpetuity by RVCDC's land trust, which is how the prices have been held down... if you don't own the land, your price is lower.

Although it isn't as affordable as the Auburn Estates project Lynn Nash LLC is building in White City, which consists of larger homes that include the ownership of the land in the price, Grape Street Village is in the City of Medford and buyers may be eligible for a Down Payment Assistance loan of up to $25,000.

 Of course, the Oregon Bond Loan currently offering RateAdvantage at 5.125% or CashAdvantage at 5.625% is always a great loan program for the First Time Home Buyer looking for affordable financing on their affordable home. It allows for additional down payment assistance programs you may qualify for, the option to have additional cash assistance through the CashAdvantage program, AND a below market interest rate on a 30 year fixed rate mortgage.

There are so MANY options available to a buyer today! Are you considering them all? For further information on programs available to you, whether you are the first time home buyer or a seasoned investor, call 541.608.6003 today, or go to www.Quality4Loans.com, and discover the Quality Difference.