Real Estate Blog - New Income Limits for Oregon Bond Loan Effective March 14, 2008

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New Income Limits for Oregon Bond Loan Effective March 14, 2008

There are new income limits going in to place on the Oregon Bond Loan that become effective this Friday, March 14, 2008. For the Jackson County area here in Southern Oregon, there is no change for non-targeted areas, but the income limit will INCREASE for targeted areas. The City of Ashland is a targeted area, so this increase will help first time home buyers who are looking to purchase a home in the City of Ashland.

First Time home buyers purchasing in Ashland, Oregon will now need to earn less than $70,440 per year for a 1-2 person family, or less than $82,180 per year for a 3 or more person family.

See you at the Closing Table!

Karen Cooper - OR/CA Mortgage Consultant - www.Quality4Loans.com

Karen Cooper - OR|CA Mortgage Consultant - www.Quality4Loans.com
Providing high Quality, Professional, Ethical service to Oregon and California home buyers and owners since 1983. Whether you are taking out your first home loan or your fiftieth, for your home, your second home or for investment, put my knowledge and expertise to work for you.

Posted by Karen Cooper-Mtg Banker|Broker Ashland|Medford on 03/12/2008 05:24 PM

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Karen Cooper-Mtg Banker|Broker Ashland|Medford

Ashland, OR

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American Pacific Mortgage- Karen Cooper, Oregon & California

Address: 301-B Crater Lake Avenue, OR ML License #ML-2338, CA DRE License 01180222, Medford, OR, 97504

Office Phone: (541) 608-6003

Cell Phone: (541) 601-4303

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26 years experience providing Southern Oregon and California Quality Home Loans| Assisting Oregon First Time Homebuyers with no Down Payment| Specializing in USDA Guaranteed Rural Housing & Oregon Bond Loans| Oregon VA Loans| Farm/Ranch Loans| Aggressively Priced Jumbo Mortgages| Serving all of Jackson County Oregon including Ashland- Talent- Phoenix- Medford-Jacksonville- Ruch- Central Point- White City- Eagle Point- Shady Cove- Gold Hill, as well as Josephine County including Grants Pass- Merlin- Wilderville and Northern California communities in Siskiyou County| Helping Southern Oregonians and Californians on the road to fulfilling the American Dream of Homeownership

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