Eugene Loan Guy » Lane County Oregon http://eugeneloanguy.com Eugene and Springfield's Source for Real Estate Mortgage Loan Information -- a FHA/VA/USDA Loan Specialist Wed, 25 Aug 2010 15:24:59 +0000 en hourly 1 http://wordpress.org/?v=3.0.1 Is it the right time to refinance your ARM? http://eugeneloanguy.com/2010/01/28/is-it-the-right-time-to-refinance-your-arm/ http://eugeneloanguy.com/2010/01/28/is-it-the-right-time-to-refinance-your-arm/#comments Thu, 28 Jan 2010 18:44:25 +0000 Fred Chamberlin http://eugeneloanguy.com/?p=1292 Is it the right time to refinance your ARM? is a post from: Eugene Loan Guy

]]> This actually could be a very interesting question when you consider the different variety of ARM loans out there. If you have a sub-prime or alternative documentation loan, it may definitely be time to refinance that loan because of the terms that you have. However, if you have a conventional (conforming) ARM, it may not be the time to refinance. But who do you ask this question of in the Eugene/Springfield Oregon area? Hopefully someone you trust to give you a straight answer and knows what he is talking about. Read More

]]> http://eugeneloanguy.com/2010/01/28/is-it-the-right-time-to-refinance-your-arm/feed/ 0 First Time Home Buyer Tax Credit up to $8,000 http://eugeneloanguy.com/2009/02/13/first-time-home-buyer-tax-credit-up-to-8000/ http://eugeneloanguy.com/2009/02/13/first-time-home-buyer-tax-credit-up-to-8000/#comments Fri, 13 Feb 2009 18:27:08 +0000 Fred Chamberlin http://eugeneloanguy.com/?p=509 First Time Home Buyer Tax Credit up to $8,000 is a post from: Eugene Loan Guy

]]> The $7,500 First Time Home Buyer Tax Credit will most likely be going under re-organization as a result of the Stimulus Bill that is expected to pass and be signed into law as early as this weekend. Although details regarding the tax credit have been a bit sketchy, in what has been released so far, the tax credit has been scaled down to $8,000 from $15,000, or 10% of the value of the home for any first time home buyers who purchase homes from the start of the year until the end of November. For couples with incomes above $150,000 and single filers with incomes above $75,000, the program starts phasing out.  Buyers will have to repay the credit if they sell their homes within three years.  There are still a lot of details about this plan to be released. Read More

]]> http://eugeneloanguy.com/2009/02/13/first-time-home-buyer-tax-credit-up-to-8000/feed/ 2 $7500 First Time Homebuyer Real Tax Credit http://eugeneloanguy.com/2009/01/28/7500-first-time-homebuyer-real-tax-credit/ http://eugeneloanguy.com/2009/01/28/7500-first-time-homebuyer-real-tax-credit/#comments Thu, 29 Jan 2009 03:48:22 +0000 Fred Chamberlin http://eugeneloanguy.com/?p=450 $7500 First Time Homebuyer Real Tax Credit is a post from: Eugene Loan Guy

]]> According to the news reports that I am reading, the “Stimulus Bill,” both House and Senate versions have a provision for the $7,500 first time home buyer tax credit to actually be a credit rather than a 15 year interest free loan. Since both versions of the bill have this in it, it is nearly a fait d’ complete that it will happen.
It will be interesting to see how this bill progresses and what changes come about because of it. It is my opinion that making this an actual credit is an excellent way to spur purchases by first time home buyers.

$7500 First Time Homebuyer Real Tax Credit is a post from: Eugene Loan Guy Read More

]]> http://eugeneloanguy.com/2009/01/28/7500-first-time-homebuyer-real-tax-credit/feed/ 0