Archive for the ‘USDA Rural Guaranteed Loan’ Category

Next on the list of key people for the Oregon First Time Home Buyer are the Title and Escrow officers. In most places in Oregon, they work for the same company, but it is possible to have a title company and an escrow officer work for different companies. Also, some states use closing attorneys and there are still a few states where they use abstract of title instead of title insurance, Oregon is not one of them. Read More

Your Mortgage Advisor (or loan officer, or mortgage planner, or loan consultant, etc.) will be your guidepost in what you can and may pay for a home. The mortgage advisor will determine the kind of program that you qualify for to become an Oregon First Time Home Buyer, so it is important you chose your mortgage advisor carefully.As a mortgage advisor, I will weight your specific circumstances (income, credit, and down payment) with your needs and desires and recommend the best loan package for you. There are many steps in a successful loan application and it starts with the application and interview. For instance, just because you might qualify for a $300,000 house, it doesn’t mean that you will be happy with the payment on this much home. That is where getting to know you and what you are trying to accomplish is so important in the process. The process ends when the loan is funded, but the relationship doesn’t end there as I keep in touch with you over the years to make sure you are still in the best product available. Read More

So, who are the key people in a Eugene/Springfield Oregon area home purchase for a First Time Home Buyer? I am going to answer this question in an eight part series, so you will have to wait till part 8 before you know who they all are. But, now I am going to start with NUMBER ONE: The Real Estate Agent. Also, it is important that this be done shortly to find and close on a home before the tax rebate deadline of November 30. Read More

This question still seems to be bugging a lot of people. If you listen to Realtors® or mortgage lenders (like me) or builders, or a myriad of other pundits, it is the ideal time to buy a new home in Eugene or Springfield or Cottage Grove or Creswell or Veneta or Florence or Oakridge or any other town or city in Oregon. Overall, it think that they are right, however, in some cases, now is not the time to buy a new home. Read More

The Pathway To Your New Home Read More

Eugene, Springfield and Lane County First Time Home Buyers are running out of time to take advantage of the First Time Home Buyer Tax Credit of $8,000. I have said it several times, and if you don’t want to believe me, take a look at what CNN Money has to say, exactly the same thing, maybe with a bit more urgency, in their recent Special Report. Read More