Effective immediately, the CashAdvantage option for the Residential Loan Program is available for Non-Target and Target areas in Oregon. The rate is 4.40% and 3% (of the Note amount) cash assistance is available for down-payment, closing costs, or prepaids. Funds are limited so get your reservations in SOON! Stop by my page www-Michael-Eiden.com and get [...]
OHCS helps low and moderate-income families in Oregon buy their first home by providing below-market rate financing and cash assistance through its Residential Loan Program. The program’s below-market rate helps eligible families increase their home purchasing power and lowers their monthly house payments. Eligible borrowers will have two options to choose between – CashAdvantage [...]
MI tax deductibility law extended through 2011! Borrower-paid MI premiums are tax-deductible through the year 2011. Below are answers to commonly asked questions regarding the law. Borrowers should consult their tax advisors regarding MI tax deductibility. See disclaimer note below. FAQs Does the bill apply to MGIC mortgage insurance? Yes, borrower-paid MI provided by MGIC [...]
HomePath Mortgage Financing HomePath financing is only available on Fannie Mae owned homes. Checkout the listings at HomePath.com! Here are some quick highlights: • Low down payment and flexible mortgage terms. Available to both owner-occupants and investors: – Owner occupied – 3% down – Second homes – 10% down – Investment – 10% 1 -2 [...]
(ARA) – Maybe you’ve watched one too many home improvement shows. Perhaps you’re still stinging from that holiday guest’s comment about how your kitchen countertop has seen better days. Or maybe you’re just really tired of the same old, same old every day. Whatever the reason the remodeling itch has settled into your brain, before [...]
NEWS RELEASE For Press Inquiries: Justine Saudan, Media Relations 4949 Meadows Road Suite 150 Lake Oswego, OR 97035 PACIFIC RESIDENTIAL MORTGAGE FOR IMMEDIATE RELEASE PACIFIC RESIDENTIAL MORTGAGE, is pleased to announce that Michael Eiden Sr. Mortgage Banker MLO-165229, has joined our Lake Oswego Branch. Michael’s passion lies in serving the needs of others and contributing [...]
Everything has a season (I love Summer!) – including selling your house. Listing at the right moment could mean more money in your pocket. Traditionally, spring is the hottest season for real estate. Sales peak in April and May and stay strong in June and July. It’s a good season for families to move, between school terms [...]
Take advantage of improved tax credits available for many energy-efficient home improvements. Find a professional remodeler at www.nahb.org/remodel for assurance of a project well done. The Existing Home Retrofit Tax Credit (Tax Code Section 25C): Tax credits are available at 30% of the cost, up to a $1,500 lifetime limit, for installation in 2009 & [...]
Only 7 weeks left folks to grab up to $8000 in tax credits from good ole Uncle Sam. In November, Congress extended and expanded the First-Time Home Buyer Tax Credit program to include a subset of “move-up” buyers — homeowners that have owned and lived in their home for 5 of the last 8 years. [...]
A “Short Sale” is when a home seller sells his home for a lesser amount than what is owed on his mortgage, and the mortgage lender agrees to accept the lesser amount in lieu of a full payoff.
