Tag Archive
Why YOU Are Paying MORE For Your Mortgage Right NOW!
You Are Paying More For Your Mortgage Starting Now… Watch the video below from Brian and Frank. Feel free to share your thoughts in the comments below. Would love to know your opinion. Thanks!
The Calm… Not The Storm
“The fishermen know that the sea is dangerous and the storm terrible, but they have never found those dangers sufficient reason for remaining ashore.” Vincent van Gogh, Dutch painter (March 30, 1853 – July 29, 1890) http://www.vangoghgallery.com/ Artists take risks. They pursue their vision, often without financial security, facing long odds while stewing in their [...]
Limits On Seller Contributions or Interested-Party Contributions
Interested-party contributions (IPCs also know as seller contributions) are costs that normally are the responsibility of the property purchaser that are paid (directly or indirectly) by someone else who has a financial interest in, or can influence the terms and the sale or transfer of, the subject property. These persons or entities include, but are [...]
BREAKING NEWS! Oregon Bond Has Opened It’s Cash Advantage Program to All Areas!
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 [...]
Oregon Bond Opened Up Their Cash Advantage Program Again!
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 [...]
Now is literally the best time in recorded history to buy a house in America…
Ran across this great article the explains why exactly NOW is literally the best time to buy in recorded history. Get in touch with me for questions about getting preapproved to buy your home. Excerpts from the article: By Dr. Steve Sjuggerud Wednesday, June 1, 2011 Now is literally the best time in recorded history [...]
For Immediate Release: Michael J. Eiden has Joined Pacific Residential Mortgage
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 [...]
I’m Not Afraid of FHA 203k Rehab Loans… You Shouldn’t Be Either!
203k Loans are a fantastic way to purchase a home that needs a little TLC. You can buy a home at a great price, borrower money to fix it up and make it your own! Check out the 2 videos below to learn more! Then contact me for an application and I can get you [...]
FHA Mortgage Insurance Premiums Are Increasing… Again!
HUD is at it again. The need to get their reserves up is being passed onto the consumer. On February 14, 2011 FHA announced changes to the annual Mortgage Insurance Premiums on all FHA transactions (Mortgagee Letter 2011-10) This is a preview of the changes. Effective with FHA case numbers assigned on or after April [...]
FHA Extends Suspension of ‘Anti-Flipping’ Rule For Another Year
Reporting from Washington — For years the federal government prohibited the use of Federal Housing Administration mortgage financing by buyers purchasing homes from sellers who had owned the property for less than 90 days. The idea was to prevent speculators from defrauding the government through quick flips of houses — often involving straw buyers and [...]
