Archive for April, 2009

USDA 100% Purchase Program Changes Income Limits

The income limits, as of Monday, for Lane County are: $70,750 for a family up to 4 and $93,400 for a family of 5-8. 8% of the 4 person limit is added for each household member over 8. Additionally, all income for all members of the household is counted when determining the household income. There are some adjustments available and individual income calculations can be done here. To find out if a particular property is in or out of the urban growth boundary, you can check it here. Read More

Real Estate Update – “Making Home Affordable Program”

Since I have three separate sites, I try to keep the information separate from one to the other, but there are times that the information that I am giving covers the spectrum of not only general lending and community information (http://eugeneloanguy.com), but also FHA loans (http://fhaloansoregon.com) and the no money down arena (http://no-money-down-usda-mortgage.com). That is the case with the President’s new “Making Home Affordable Program” and the updates about financing options that I just posted here.

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