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Archive for February, 2010
Two Types of USDA Rural Home Loans
February 26th, 2010 | 
Author: USDA Rural Home Loans are extremely popular loans in suburban Lane County Oregon. Primarily because it allows home buyers in qualifying areas to purchase a home with absolutely zero down payment and without the added expense of monthly mortgage insurance. In most cases, the USDA Rural Home Loan is the least expensive loan to obtain and to maintain. There are two types of USDA Rural Home Loans: Read More
Posted in $8000 tax credit, 100% Financing, First time home buyers, Mortgage Loans, USDA Refinance, Uncategorized, usda rural guaranteed loan | 
Tags: cottage grove OR usda rhs, creswell oregon usda mortgage loans, Florence OR usda home loan, Harrisburg OR usda rural housing, Junction City OR usda loan, lane county oregon no money down loans, Lane County Oregon usda rural development, Monroe OR usda mortgages, Oakridge OR usda rural development loans, Veneta OR usda loans, Westfir OR usda rural home loans | 
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USDA Rural Guaranteed Home Loan Refinance Changes
Up until recently, USDA allowed a streamline refinance on Oregon USDA loans for a simple interest rate reduction. That changed in January and refinance of a USDA loan to a new USDA loan in Oregon now requires a complete application, including appraisal to refinance the balance to a lower interest rate. This change will make it more difficult for those owing more than the property value to take advantage of today’s interest rates. Read More
