by Lisa Broadwater | May 10, 2012 | About Central Oregon, Financing, For Buyers, Uncategorized
A recent discussion with one of the mortgage loan officers I work with revealed an interesting tidbit. The bank keeps tabs on the various real estate markets within each state and categorizes them in one of five levels. To arrive at those levels, the bank ranks each...
by Lisa Broadwater | Mar 3, 2012 | Financing, For Buyers, Real Estate News, Uncategorized
Earlier this week, my RE/MAX office met with Ellen Silfven & Davina Luz of Bank of the Cascades (BOTC). The duo was there to discuss BOTC’s home loan program. The timing of the meeting was no coincidence: Just a few weeks ago, new president/CEO Terry Zink made a...
by Lisa Broadwater | Sep 12, 2011 | Financing, For Buyers, Real Estate News, Uncategorized
I just received the following update on some upcoming changes with USDA and FHA loans, from Brian Liebman, Senior Mortgage Banker at Director’s Mortgage (whom I work with frequently): “Rates dropped on Monday to their lowest levels since I have been doing...
by Lisa Broadwater | Jul 16, 2011 | About Central Oregon, Financing, For Buyers, Real Estate News
How would you like to receive a $2,000 grant to help finance your down payment or closing costs? If you’re a first-time home-buyer who’s an Oregon resident in the market for a new primary residence here, you just might be in luck. The Home Sweet Home Program, created...
by Lisa Broadwater | May 4, 2011 | About Central Oregon, Financing, For Buyers, Real Estate News
Thanks to HUD’s Leland Jones for the following update: HUD Secretary Shaun Donovan and Energy Secretary Dr. Steven Chu recently announced that five lenders based in the Northwest are among 18 nationwide selected for FHA’s new Power Saver pilot loan program. They...
