Eugene Loan Guy » no mortgage insurance http://eugeneloanguy.com Eugene and Springfield's Source for Real Estate Mortgage Loan Information -- a FHA/VA/USDA Loan Specialist Thu, 03 May 2012 00:30:24 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 Another HomePath Eligible Property Highlighted http://eugeneloanguy.com/2010/02/08/another-homepath-eligible-property-highlighted-2/ http://eugeneloanguy.com/2010/02/08/another-homepath-eligible-property-highlighted-2/#comments Mon, 08 Feb 2010 22:03:45 +0000 Fred Chamberlin http://eugeneloanguy.com/?p=1310 Another HomePath Eligible Property Highlighted is a post from: Eugene Loan Guy

]]> There seem to be a lot of great deals offered through the Fannie Mae HomePath program in the Eugene/Springfield, Lane County area of Oregon, that I am going to pick a few each week and put that information out there that these properties are available for only 3% down and no mortgage insurance with Fannie Mae willing to contribute 3.5% to closing costs. The one I chose today is 1,510 square feet with 4 bedrooms and 1 bathroom and it is listed at $139,900. Real Estate Investors also can get a good deal on a HomePath home with only 10% down with no mortgage insurance. Read More

]]> http://eugeneloanguy.com/2010/02/08/another-homepath-eligible-property-highlighted-2/feed/ 1 Fannie Mae HomePath Offers Extra Incentives http://eugeneloanguy.com/2010/02/03/fannie-mae-homepath-offers-extra-incentives/ http://eugeneloanguy.com/2010/02/03/fannie-mae-homepath-offers-extra-incentives/#comments Wed, 03 Feb 2010 23:36:19 +0000 Fred Chamberlin http://eugeneloanguy.com/?p=1303 Fannie Mae HomePath Offers Extra Incentives is a post from: Eugene Loan Guy

]]> It has been some time since I promoted the HomePath program in the Eugene and Springfield areas. At that time, there weren’t very many homes in our area that qualified for the program, but that has changed. Basically, what HomePath does is allow the purchase of selected Fannie Mae owned foreclosures with lower down payments and no mortgage insurance, both owner occupied and investment (rental) properties. Now, they are offering a 3.5% incentive* for buyers who purchase and close on a Fannie Mae-owned home between January 28 and April 30, 2010. Buyers purchasing properties listed on this site that are closed within this period may receive up to 3.5% of the final sales price for: Read More

]]> http://eugeneloanguy.com/2010/02/03/fannie-mae-homepath-offers-extra-incentives/feed/ 1 Foreclosure or Short Sale, is there really a difference? http://eugeneloanguy.com/2009/05/27/foreclosure-or-short-sale-is-there-really-a-difference/ http://eugeneloanguy.com/2009/05/27/foreclosure-or-short-sale-is-there-really-a-difference/#comments Wed, 27 May 2009 19:07:29 +0000 Fred Chamberlin http://eugeneloanguy.com/?p=733 Foreclosures and bank owned properties are getting a lot of play in the media right now and many buyers are focusing on these properties, along with short sales while trying to find a great deal on a house. For a change, I want to switch my focus from the buyer (the one I deal with) to the seller because I think there is some erroneous information out there about the difference between a foreclosure and a short sale as it concerns the owner of the property. Read More

Foreclosure or Short Sale, is there really a difference? is a post from: Eugene Loan Guy

]]> Foreclosures and bank owned properties are getting a lot of play in the media right now and many buyers are focusing on these properties, along with short sales while trying to find a great deal on a house. For a change, I want to switch my focus from the buyer (the one I deal with) to the seller because I think there is some erroneous information out there about the difference between a foreclosure and a short sale as it concerns the owner of the property. Read More

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