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Mortgage Facts that you may not know

February 28, 2009

Fred Chamberlin wrote an article on his new website entitled “Eugene/Springfield, Lane County Real Estate Mortgage News“. The reason that I did not use his title was that I think the title is specific to his area and we cover so much more than that. With that being said, the reason I chose this article is it has great bones about misconceptions to mortgages. Being in the industry, we sometimes forget the layman does not tend to know as much as we know of the mortgage world. In this post, Fred sheds some light on some of these things. Read More

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203k Streamline – Turning Foreclosures Green

February 21, 2009

With economic turmoil in many real estate markets it should come as no surprise that foreclosures are also up in many areas of the country. This awful truth has resulted in many properties now sitting empty. The following article by Fred Chamberlin presents some great ideas on how to revamp some of these vacant properties to make them more environmentally friendly and more attractive to potential buyers. Read More

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Credit Score/Loan to Value Determine Rate

December 29, 2008

When Rich and I started up PREP, we made a commitment to bring positive news to the public’s attention. Too many times the media puts out statements that are so generalized it leaves mortgage people like myself and Fred Chamberlin scratching our heads. Below is another great post by Fred that might help you clear up some misconceptions that you have heard. As always, if you have questions, then please ask. Read More

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USDA 100% Rural Guaranteed Loan

December 16, 2008

The United States Department of Agriculture may not seem like a vehicle for home loans but as Fred Chamberlin explains in another excellent and informative post, utilizing the often overlooked USDA mortgage programs can be a real benefit to many prospective home buyers. Though Fred primarily discusses the use of USDA loans in Oregon and the Pacific Northwest, these loans are available in most parts of the United States. Read More

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