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Archive for the ‘USDA Refinance’ Category
USDA Refinance funds exhausted – Alpine making loans
December 7th, 2010 | 
Author: Late last week Rural Development (USDA) announced that funds for the Guaranteed Loan Program refinances had been exhausted. This is similar to what happened last year when purchase transactions were halted at many banks until funds could be re-allocated for the program.
Posted in USDA Refinance | 
Tags: Lane County Oregon usda rural development, USDA Refinance, USDA Rural Loans | 
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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
Posted in $8000 tax credit, 100% Financing, First time home buyers, Mortgage Loans, Uncategorized, USDA Refinance, 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
