usda guaranteed homeloan: Expect The USDA Guaranteed program funds to be extended for 2010 and beyond - 04/23/10 07:37 AM
The following is an article published in todays edition of Mortgage News Daily:
The continued availability of government guaranteed mortgages for rural homebuyers was virtually assured yesterday when the House Financial Services Committee voted to approve H.R. 5017. The unanimous vote will send the Rural Housing Preservation and Stabilization Act of 2010 to the full House of Representatives where sources said it was fast tracked for a vote as early as next week.
If passed, the bill will correct the Section 502 Single Family Housing Guaranteed Loan Program to make it self-funding. Section 502 assists homebuyers living in rural areas to … (6 comments)

usda guaranteed homeloan: My Profit VS A Happy Customer - 11/16/09 11:56 PM
Yesterday I faced a common dilemma for business; was it better to give my services away and have my customer leave the transaction happy or make a profit and risk a potential failed sale?
Let me first explain the circumstances. I had received a loan application from a couple about 6 weeks ago for a USDA guaranteed loan. In case you don't know, these loans are zero down and the seller is allowed to pay closing costs. The USDA charges a 2% guarantee fee that can be financed. The seller (Metlife) had agreed to pay 5% of the buyers closing cost. … (5 comments)

 
Art Marine, Loans that Fit your Life (Mortgage Solutions Financial)

Art Marine

Loans that Fit your Life

Lake Oswego, OR

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Mortgage Solutions Financial

Address: 5 Centerpointe Drive, Suite 125, Lake Oswego, OR, 97035

Office: (503) 403-6030

Mobile: (503) 799-7085

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