Eugene Loan Guy » FHA 203B http://eugeneloanguy.com Eugene and Springfield's Source for Real Estate Mortgage Loan Information -- a FHA/VA/USDA Loan Specialist Sat, 14 Jan 2012 07:49:20 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 What is a First-Time Homebuyer? http://eugeneloanguy.com/2009/06/14/what-is-a-first-time-homebuyer/ http://eugeneloanguy.com/2009/06/14/what-is-a-first-time-homebuyer/#comments Sun, 14 Jun 2009 18:03:26 +0000 Fred Chamberlin http://eugeneloanguy.com/2009/06/14/what-is-a-first-time-homebuyer/ Believe it or not, a first time home buyer is not necessarily someone that has not owned a home previously. A first-time homebuyer is any person who has not owned a home in the previous three years. So even if you have owned a home in the past but have not owned a home in the last three years you qualify as a first-time homebuyer. Just so you know, this is 36 months at closing, not 35 and a half. So you could qualify for the $8,000 tax credit if you purchase a home before December 1, 2009 and haven’t owned a home in three years. Read More

What is a First-Time Homebuyer? is a post from: Eugene Loan Guy

]]> Believe it or not, a first time home buyer is not necessarily someone that has not owned a home previously. A first-time homebuyer is any person who has not owned a home in the previous three years. So even if you have owned a home in the past but have not owned a home in the last three years you qualify as a first-time homebuyer. Just so you know, this is 36 months at closing, not 35 and a half. So you could qualify for the $8,000 tax credit if you purchase a home before December 1, 2009 and haven’t owned a home in three years. Read More

]]> http://eugeneloanguy.com/2009/06/14/what-is-a-first-time-homebuyer/feed/ 13 Oregon FHA Mortgage Loan qualifying secrets http://eugeneloanguy.com/2009/05/25/oregon-fha-mortgage-loan-qualifying-secrets/ http://eugeneloanguy.com/2009/05/25/oregon-fha-mortgage-loan-qualifying-secrets/#comments Mon, 25 May 2009 21:57:06 +0000 Fred Chamberlin http://eugeneloanguy.com/?p=723 Have you read the 5 secrets to getting an Oregon FHA mortgage loan for home ownership published by HUD? There’s a secret out there about FHA mortgage loans that HUD wants you to know about. It’s so secret, that they published an informational brochure but didn’t tell anyone about it. Read More

Oregon FHA Mortgage Loan qualifying secrets is a post from: Eugene Loan Guy

]]> Have you read the 5 secrets to getting an Oregon FHA mortgage loan for home ownership published by HUD? There’s a secret out there about FHA mortgage loans that HUD wants you to know about. It’s so secret, that they published an informational brochure but didn’t tell anyone about it. Read More

]]> http://eugeneloanguy.com/2009/05/25/oregon-fha-mortgage-loan-qualifying-secrets/feed/ 0 FHA Changes LTV on Cash Out Refinances http://eugeneloanguy.com/2009/03/16/fha-chance-ltv-on-cash-out-refinances/ http://eugeneloanguy.com/2009/03/16/fha-chance-ltv-on-cash-out-refinances/#comments Tue, 17 Mar 2009 00:37:11 +0000 Fred Chamberlin http://eugeneloanguy.com/?p=615 The following was released today about the maximum loan to value on an FHA cash out refinance. A cash out refinance is done when more than the balance of the mortgage and closing costs are included in the new loan amount. This could be in the form of cash to the borrower or payment of secondary liens against the property or the payment of any other borrower indebtness. This is a change from the current 95% maximum loan to value for a cash out refinance. Borrowers have until March 31 to start their application if they would like to receive more than 85% loan to value. Read More

FHA Changes LTV on Cash Out Refinances is a post from: Eugene Loan Guy

]]> The following was released today about the maximum loan to value on an FHA cash out refinance. A cash out refinance is done when more than the balance of the mortgage and closing costs are included in the new loan amount. This could be in the form of cash to the borrower or payment of secondary liens against the property or the payment of any other borrower indebtness. This is a change from the current 95% maximum loan to value for a cash out refinance. Borrowers have until March 31 to start their application if they would like to receive more than 85% loan to value. Read More

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