federal va: Oregon Bond Loan Program Update!!
- 02/17/09 10:10 AM
Effective immediately; The OHCS (Oregon Housing and Community Services) Home Loan Program, otherwise know as the Oregon Bond Loan, will no longer be accepting "new" reservations for new loans that require Mortgage Insurance. This is due to MI company rating downgrades. If you currently have a loan reserved with the OHCS they will still honor it. What does this mean? Now that this has been iliminated, the few loan programs that are left for the low to no down payment options would be: FHA -Â Requiers 3.5% down payment - This can be combined with Oregon Bond Loan Rural Development Guarantee - … (0 comments)
Effective immediately; The OHCS (Oregon Housing and Community Services) Home Loan Program, otherwise know as the Oregon Bond Loan, will no longer be accepting "new" reservations for new loans that require Mortgage Insurance. This is due to MI company rating downgrades. If you currently have a loan reserved with the OHCS they will still honor it. What does this mean? Now that this has been iliminated, the few loan programs that are left for the low to no down payment options would be:;)
;)
