Archive for the ‘FHA Mortgages’ Category
Things Your Loan Consultant Should Know
(Note: This article was written by Mark Madsen and associate of mine and published on My Fha Mortgage Blog last month. I felt the information was valuable to my readers so I have re-published here for your information.) Read More
Oregon FHA Loan Cost Goes Up in 10 Days
Starting with any new FHA case number assigned on or after April 5, 2010, the up front mortgage insurance premium (UFMIP) for all FHA loans in Oregon (except for Senior Reverse Mortgages) will increase from 1.75% to 2.25%. That means that on a purchase in Eugene with a $200,000 loan amount, the increased UFMIP will be $1,000. Read More
Home Buyer Tax Credit Ends Shortly
The Home Buyer Tax Credit will be ending shortly. The Eugene/Springfield, Lane County, Oregon real estate market has been benefited by the extension of the First Time Home Buyer Tax Credit and expansion to the “move-up” home buyers. Those tax credits are available to qualified buyers on accepted offers only until April 30 on purchases that close on or before June 30, 2010. Read More







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