FHA increased the loan limit (temporarily) in Lane County to $343,750 as part of the stimulus package. This has opened a lot of homes to FHA loans that weren't open in the past but that new limit is only good until December 31. We won't know what the new loan limit is until about a month before t
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08/25/2008
There is quite a bit of concern regarding the elimination of the Down Payment Assistance programs and almost all other 100% purchase programs, so I want to spend a bit of time highlighting another 100% loan program. To my mind, this is the best 100% loan program, the VA loan. VA's Home Loan Progr
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08/24/2008
I have seen these type of posts before but I guess I need to add mine to the batch. I just hit two months with Active Rain and passed 33,000 points. So, what does that mean? So far, it has meant getting calls from California about USDA rural programs in Oregon (apparently there aren't a lot of ru
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08/24/2008
Jeff Belonger is an excellent source of information about FHA loans. I would be remiss in acknowledging his knowledge. We have the same view of the FHA programs being one of the best ways to help our clients in this lending environment. Please take a moment to review his points and give me a call
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08/24/2008
Hi everyone. Just so you don't think that I only operate in cyberspace, I thought it was time to do a little self awareness posting. To begin with, I work with Alpine Mortgage Planning, a northwest owned mortgage banker with headquarters in the hinterland of Lake Oswego, Oregon. For those out of
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08/22/2008
Bright Oak Meats, on the corner of 7th and Main Street in downtown Springfield Oregon is a real find. I didn't know about it until word of mouth reached my ear, and I had driven by it many times. See, I am not just about flowers and vegetables. I like meat too. Local meat and different meat tha
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08/22/2008
SO, WHAT'S NEW WITH FHA?? Say "good-bye" October 1st •• Seller funded D.P.A. (Down Payment Assistance) •• Risk Based Premiums (Higher amounts for lower credit) LOAN AMOUNTS! •• Temporary loan limits in effect until 12/31/08 •• New loan limits 1/1/09 based on
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08/21/2008
Springfield Mayor Sid Liken was supposed to open the new Bob Straub Parkway this morning at 9:15, but I beat him to it by driving on it at 8:45. Got some strange looks from the workers setting up the Grand Opening, but it was fun. There weren't any road closed signs on my end of the street. Thi
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08/21/2008
I get a periodic email with positive information from Simple Truths. It is very good information and of course, they want me to buy their books, but they aren't really pushy about it. The big thing I got out of todays message may be different than anyone else would get, but I couldn't help but sh
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08/19/2008
I was approached last week by a writer wanting some quotes for two articles she was writing for a Real Estate magazine. She asked me if there was one of the two I would like to comment on. For me, it seemed like a no brainer on which one to comment. They were: How to prepare to divulge informatio
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08/18/2008
