Archive for the ‘Uncategorized’ Category
USDA authorizes Conditional Commitments
According to the announcement I received today, USDA is authorizing the issuance of Conditional Commitments for the Single Family Housing Guaranteed Program (SFHGLP) after the current appropriated funds are exhausted (which they are.)
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Eugene/Springfield Oregon Tax Credit Expires This Week
(Editior’s Note: Because I believe this information is so important, I am posting it on all three of my mortgage blogs.) The home buyer tax credit will expire on new accepted offers in the Eugene and Springfield area after Friday! There has been a huge surge in home sales leading up to this expiration. New home sales were up 26% nationwide last month and existing home sales were also up significantly. Read More
Virtual Vietnam Memorial Wall available on line
I have posted before that I am a Vietnam era veteran. I didn’t serve in Vietnam itself, but was stationed on Guam with the Air Force during a lot of the time the war was going on, 1966, 1968 and 1973 – 1976. The U.S. Air Force was flying almost constant bombing missions on Vietnam while I was stationed at Andersen AFB on Guam. I escorted news people while 121,000 Vietnamese refugees were processed into the US through Guam when Saigon was evacuated.
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Two Types of USDA Rural Home Loans
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
VA Loans Excellent Choice for Jumbo Purchases
How can you buy a home in the Eugene or Springfield are that is priced over $500,000 with less than 20 per cent down? One of the best ways, to my thinking is a VA Guaranteed Home Loan. I know that most often we think of VA loans as not requiring a down payment and that is true if the purchase price/loan amount is below $417,000 in Eugene/Springfield, Lane County Oregon. That changes when you purchase a home for over $417,000 in our area, all of a sudden a down payment is required. Read More





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