FHA/USDA/VA and Conventional Mortgage Loan News

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Last week I posted information about the new FHA refinance program that is targeting non FHA home owners that are upside down on their mortgage equity. FHA has come out with more information about the program and how it will work.

Here are the eligibility requirements:

• Existing loan to be refinanced is not FHA insured;
• Must owe more on their mortgage than the value of the property;
• Must be current on the existing mortgage to be refinanced;
• Must have a “FICO based” decision credit score greater than or equal to 500;
• Existing first lien holder must write off at least 10% of the unpaid principal balance (UPB);
• Loan-to-value (LTV) ratio of no more than 97.75%;
• Combined loan-to-value (CLTV) ratio must be 115% or less; and
• For manually underwritten loans, the qualifying ratios can be no greater than 31/50.

Additionally, standard FHA underwriting requirements apply. That should be interesting since nothing about this program is “exactly” standard. Also, homeowners are not eligible for the program if they have a conviction for (a) felony larceny, theft, fraud, or forgery; (b) money laundering; or (c) tax evasion within the past 10 years.

One of the parts of the program I thought would be most helpful is for those that have a 1st and 2nd mortgage on their property because it allows a CLTV (combined loan to value) of 115%. However, when looking over the program details, I think this may become very complicated. For instance, the first mortgage holder must reduce the principal by a minimum of 10% and a maximum LTV (loan to value) of 97.75% and they receive payoff of that amount. The second mortgage holder will have to reduce their loan amount to the 115 percent CLTV mark and they will receive a “refinance compensation” from the Treasury and HUD for the amount they forgave and payments on the remainder. This is a complicated formula.

I am very interested in seeing how this plays out. As the Realtors® I have talked to can attest, second mortgage holders can be a source of annoyance on a short sale transaction and this is a “short” refinance transaction. It can take several months to get an answer from the 2nd mortgage holder and in this scenario, they aren’t getting paid up front, they will still have to take payments. They also have to register with Fannie Mae to be able to receive the compensation from HUD.

Contact me

This is still in its preliminary stages, but if you are interested in applying for this program, it is not too early to start the process, it will probably take some time to get the proper approvals from current lien holders. Navigating the mortgage approval process can be daunting. You need someone on your side. I am available right now to help you with the loan process and know the ins and outs of FHA, VA, USDA and conventional financing. If you want to buy a home using an FHA loan or refinance using VA, I am here to help. Contact me at Alpine Mortgage Planning, 1200 Executive Pkwy., Ste. 100, Eugene OR 97401, 541-342-7576/541-221-3455 cell or by e-mail. Only you can make the choice it is time to get the process started.

I talk to people every day that are interested in seeing if it makes sense for them to refinance and sometimes I actually tell them no. I know that it is hard to believe but everyone that wants to refinance, should not do it.

There are some “rule-of-thumb” guidelines out there that people have been hanging on to over the years. For instance, “If you can’t get at least 2% reduction in rate, it isn’t worth doing.” Sometimes that is correct and sometimes it isn’t. If you have a $50,000 loan, it probably will not be cost effective to reduce your rate by 2%, whereas, if you have a $350,000 loan, it may be worthwhile to reduce your rate by 1%.

Every circumstance is different, and that is why you should work with a knowledgeable loan consultant. Maybe it would be the right thing for you to refinance to a shorter term. Maybe it would make sense to take cash out of your home, assuming you have any left in it. Take a look at this discussion from Fox Business News:

http://video.foxbusiness.com/v/4312379/home-refinancing-rates-surge/?playlist_id=87185

Also, it is a good idea to shop around, not only for rate and fees but also for the right company and loan consultant. Just because someone promises the lowest rate, doesn’t mean that you will get the best deal, but if someone is promising you something that sounds too good to be true, it probably is. Then there are those companies that are advertising out there that make what they are offering sound so wonderful that you should jump right on it when in reality, it isn’t even competitive in the market place. Watch out for adjustable rates masquerading as fixed rates in advertising.

Look before you leap and find out what you can about your choice. Are they established? Are they local? (National telemarketers and advertisers have to pay for that somehow.) Are they competitive? Are they honorable? Can they close in the time they want to lock? Will they tell you that you shouldn’t refinance when it doesn’t make sense to you? Or are they only after that next loan? Are they licensed? Do they have references? Do they know what drives interest rates?

Contact me

Navigating the mortgage approval process can be daunting. You need someone on your side. I am available right now to help you with the loan process and know the ins and outs of FHA, VA, USDA and conventional financing. If you want to buy a home using an FHA loan or refinance using VA, I am here to help. Contact me at Alpine Mortgage Planning, 1200 Executive Pkwy., Ste. 100, Eugene OR 97401, 541-342-7576/541-221-3455 cell or by e-mail. Only you can make the choice it is time to get the process started.

I don’t know if this is a good deal or not, I am often not certain about the usefulness of government programs until I see them in action, but assuming that it is good, HUD has a new program coming out that will assist underwater NON-FHA home owners. This means negative equity position is the first requirement for the program.

 Making Home Affordable Program

This is an enhancement to the existing Making Home Affordable Program (MHA) and should give a greater number of responsible borrowers an opportunity to remain in their homes. “These enhancements are designed to maintain homeownership by providing borrowers, who owe more on their mortgage than the value of their home, opportunities to refinance into an affordable FHA loan.” according to HUDs’ mortgagee letter 2010-23. “The opportunity allows borrowers who are current on their mortgage to qualify for an FHA refinance loan provided that the lender or investor writes off the unpaid principal balance of the original first lien mortgage by at least 10 percent.”

Who is helped?

The question that immediately came to my mind was, “Who will this help?” Answer, anyone that got a first and second to buy a home and haven’t been able to qualify for the Fannie Mae or Freddie Mac refinance programs due to the existence of the second mortgage. Rather than having to sell on a short sale, home owners may now get the same benefit and retain their home while getting into a lower cost FHA loan.

Fine Print

As with all things, these loans are not for everyone and not everyone will qualify. For example, the first mortgage has to be current and no behind in payments. The loan to value on the first mortgage can not be any higher than 96.5% based on current value. So, if you owe $300,000 on you home and it appraises at $250,000, you could get a loan for $241,250 and the lender would need to agree to write off $58,750 which would probably still net them more than a short sale or foreclosure would.

But if there is a second in place and they won’t negotiate balance, there could be some difficulty. In a case where there is a second involved that was used to purchase the home, the maximum CLTV (combined loan to value) is 115%, “Non-extinguished existing subordinate mortgages must be re-subordinated and the new loan may not have a combined loan-to-value ratio greater than 115 percent.”

The home owner must still qualify for the new loan, but there may be some latitude on credit scores, but that will depend on the lender’s overlays. These enhancements are effective for loans with case numbers issued on or after September 7, 2010, which are closed on or before December 31, 2012.. These enhancements include loss coverage to be provided from funds under the Emergency Economic Stabilization Act of 2008, as amended (EESA). If the availability of such coverage is delayed beyond September 7, 2010, implementation of these enhancements will also be delayed.

If you have tried to take advantage of current low rates to refinance but haven’t been able to do so because of negative equity, they may be an ideal solution for you. The roll out of the program is less than a month away and negotiations are going to need to be done with the lien holders, so it is not too soon to start planning for the program.

Contact me

Navigating the mortgage approval process can be daunting. You need someone on your side. I am available right now to help you with the loan process and know the ins and outs of FHA, VA, USDA and conventional financing. If you want to buy a home using an FHA loan or refinance using VA, I am here to help. Contact me at Alpine Mortgage Planning, 1200 Executive Pkwy., Ste. 100, Eugene OR 97401, 541-342-7576/541-221-3455 cell or by e-mail. Only you can make the choice it is time to get the process started.

August 1, all loan officers have to be licensed through the National Mortgage Licensing System (NMLS) and the state they are doing business in unless they work for a national bank. So, if you are working with a loan officer you should find out if they are licensed. The NMLS now has an easy way to search for a mortgage company or one of its loan officers by using this link.

 The website will show licensing status and employment history of the loan originator. Loan originators in Oregon now must meet strict criteria, including 20 hours of education before receiving a license, 10 hours of continuing education per year, passing both a national and a state test, passing a criminal background check, and being covered by a surety bond.

The website and stronger licensing standards are part of the new national mortgage lending licensing system required by the federal Secure and Fair Enforcement for Mortgage Licensing Act of 2008. The “SAFE” Act requires all mortgage lenders and loan originators to be licensed through the national system by July 31, 2010, and meet stringent requirements. The database does not yet include loan originators who work for banks or credit unions, but they are subject to similar federal oversight and will be in the database soon. (no date on this yet) I do know of some loan originators that could not pass the tests went work for the banks instead. This would cause me some concern when dealing with a bank loan originator as to their professional quality.

Oregon Division of Finance and Corporate Securities has been working long hours to bring the state into compliance with the new laws. “Being part of the national licensing system with uniform requirements enables us to better protect Oregonians by ensuring anyone doing business here is also following the law in other states,” said David Tatman, administrator of the department’s Division of Finance and Corporate Securities.

For the information of my readers, I am currently licensed in Oregon and California. My NMLS and MLO (Mortgage Loan Originator) number is 271072. Anyone you do business with should be able to give your their MLS number. For more information about mortgages or just to discuss your current situation, give me a call at 541-743-2966 to set up an appointment. You can also reach me by e-mail.

Brita Arcuri

I work with a number of outstanding REALTORs® in the Eugene Springfield area and have spotlighted a couple (though not officially) in previous posts but I am going to try something new and start a new series of Spotlights of REALTORs®. Today’s spotlight falls on Brita Arcuri, someone I have just started working with but has impressed me with her attitude and perseverance. I also enjoy her introduction video here:

http://www.theaterofhomes.com/flash/brita_arcuri_agent.html

Brita is a broker with Windermere Real Estate/Lane County one of the largest Northwest realty companies. She is also a Eugene Native and Oregon State (go Beavs) alumni. Her office is located near downtown Eugene and I know she would be happy to help you in your Real Estate needs. Her website also has several listings, one that is just right for me and my family and dogs (currently) at 3,100+ square feet. Ask her about this home, sure looks nice.

As for me, Brita is taking care of my client and making all of the right moves so she can have her own home. I look forward to getting everything together and helping our customer. I am here for anyone wanting assistance in purchasing their first home (like this client) or their 15th home. You can contact me at Alpine Mortgage Planning, 1200 Executive Pkwy., Ste. 100, Eugene OR 97401, 541-342-7576/541-221-3455 or by e-mail. Time is running out for the Home Buyer Tax Credit, so now is really the time to buy.

I have posted before that I am a Vietnam era veteran. I didn’t serve in Vietnam itself, but was stationed on Guam with the Air Force during a lot of the time the war was going on, 1966, 1968 and 1973 – 1976. The U.S. Air Force was flying almost constant bombing missions on Vietnam while I was stationed at Andersen AFB on Guam. I escorted news people while 121,000 Vietnamese refugees were processed into the US through Guam when Saigon was evacuated.

I have a lot of respect for those that served “in-country” and lost some of my friends and classmates there. My high school chess partner lost his life right after his 20th birthday. The link below is a virtual wall of all those lost during the Vietnam war with the names, bio’s and other information on our lost heroes. Those who remember that time frame, or perhaps lost friends or family can look them up on this site.

• First click on a state.
• When it opens, scroll down to the city and the names will appear.
• Then click on their names.
• It should show you a picture of the person, or at least their bio and
  medals.

This really is an amazing web site. Someone spent a lot of time and effort to create it. I hope that everyone who visits the site appreciates what those who served in Vietnam sacrificed for our country.

Click here: Names of Vietnam War casualties by city and state or by name:

www.VirtualWall.org

For my comrades-in-arms, I am here to answer questions and help in any way that I can. If I can help with a loan fine, but if you want to just talk, that is fine too. There are few things that will bring people closer together than service to country. I applaud those that have and are doing so. Take a look at the site, it is really something. If you saw “Good Morning Vietnam,” I had a similar job on Guam, editing the base newspaper. This clip should be a reminder of those who served there:

The following song always brings memories of of my time on Guam. Enjoy!

I have offered restaurant reviews for my readers in the past, but this time, I have a guest reviewer, my son Steven that reported on a recent performance of the Eugene Symphony at the Hult Center as part of his school work. I thought the report was excellent and gave me a real feeling of being in the audience. I convinced him to let me share it on my blog. So here is Steve Chamberlin’s report on Beethoven’s Fourth Concerto for Piano. Enjoy!

The Arrival

I attended the performance of Beethoven’s Fourth Concerto for Piano at the Hult Center in Eugene. I chose this performance for my first classical concert experience because I really had no idea what to expect. By choosing a professional performance, I felt my odds of actually liking the performance would go up significantly. I was not disappointed.

Originally I had intended to take my wife so we could have a ‘date night’, but due to a work conflict, I ended up taking my seven year old daughter. My daughter enjoys the ‘Celtic Women’ performances so I was hoping she might enjoy a live concert. As it turned out, there was only one other child at the performance. I think having the two children in the audience brought the average age of attendees down to about 65 years old.

We arrived at the Hult Center a little early in order to have enough time to find our seats and to have a look around the center before the concert. I purchased box seats so I would reduce the chance of disturbing anyone while I took notes during the concert. What I did not take into consideration was how high these seats are above the audience. Once I found our seats, it took a few minutes to get over my fear of heights. My daughter, on the other hand, loved the seats and immediately went to the rail to look over at the rest of the audience. We settled in and waited for the performance to start.

The Performance

As we sat waiting for the concert to start, the orchestra was busy tuning and reviewing the music they would be playing that night. What a cacophony. The sound was everywhere. I tried to focus on a couple instruments but it was impossible. It was like a runner preparing for a marathon, all the players warming up their muscles and getting ready to play for the next couple hours.

I looked away for just a couple moments and everyone in the orchestra except the string section had disappeared. The lights dimmed and I thought, ‘Finally we are going to start.’. I was wrong. What came next was a commercial from the President of the Hult Center acknowledging the commercial sponsors of the nights performance. Did I really just pay $88 dollars for a commercial? I was not impressed. After the commercial, she introduced the Conductor who came out and presented yet another commercial for upcoming events. This is not going well and I started wondering what I just wasted my money on. Finally the commercials are over and both the President and Conductor leave the stage.

The next person to enter the stage was a violinist who was greeted with cheers and applause. She acknowledged the crowd and took her seat. Following her was the Conductor, again greeted by applause and cheers. He stopped to acknowledge three people, first and second chair violin and what I assume was first chair viola. This just seemed odd to me for some reason, why just those three people? He took his place on the podium and raised his hands. What happened next was a complete surprise.

The bows came up and took their first draw across the strings. They had me at hello! The sound produced was, to say the least, awe inspiring. Being able to compare the dissonance of the warm-up with the powerful consonance of the opening note was just awesome. I instantly forgot the height of the seats, the $88 dollars I paid for the commercials and just enjoyed the feeling of awe that rose through my body as the strings began to play ‘Fantasia on a Theme’.

This was a great opening piece. The sound was playful and vibrant, consisting of only the string section. All of the instruments seemed to be talking to each other, either as group or individually. Both my daughter and I enjoyed the energetic chatter between the first chair violin and viola. The piece wrapped up with a resounding crescendo that was met with much applause and well deserved hoots and hollers from the audience. Being able to see the complexity of playing the music combined with hearing the sounds produced really made this performance well worth the price of admission.

The second performance started with another surprise as the Conductor introduced the composer of ‘Second Concerto for Orchestra’, Steven Stucky. The introduction gave way to a short Q&A between the Conductor and Mr. Stucky about the music we were about to hear. Apparently the title of the piece was lost on me at first. I did not realize that concertos were typically written for specific instruments and not for the whole orchestra. Mr. Stucky explained that he wrote the piece to include all of his friends in the LA Philharmonic Orchestra with the theme being friendship, fun and love.

The Conductor’s next question filled my head with the sound of a record player needle being scratched across the record violently. He asked Mr. Stucky to explain how the audience should interpret the music we were about to hear. Why would he do that? I wanted to experience the music from an ‘Unlistening’ perspective. I did not want someone telling me how to hear the music. Thankfully Mr. Stucky quipped, “Music is like a joke. If you don’t get it, I can’t explain it to you.”. Great answer! Mr. Stucky did point out that in the second movement he wanted to play a game with his friends throughout the orchestra but left it up to the audience to discover and interpret the game.

The piece started with more or less of an introduction of the orchestra. The ‘Overture’ began by introducing each section of the orchestra, moving from left to right through the strings,

into the brass and woodwinds, percussion and finally the piano and harp. Once everyone was playing together, the movement built to an abrupt end signaling the start of the second movement.

Surprisingly, about one third of the audience responded with applause! Wait a minute. The audience is supposed to wait to the end of the entire concerto before applauding, right? That explains why the other two thirds of the audience responded with grumbles and gasps. This was noticeably awkward for the Conductor and orchestra. Yes, I laughed to myself and thought ‘Whew. I’m not the only newbie here.’.

The second movement started and I began searching for ‘The Game’. To me it was not as simple as someone might think. It took listening to the entire piece to form an idea of what Mr. Stucky was trying to accomplish. I found it odd that throughout the piece we were treated to some non-typical solo’s. I never expected to hear a bassoon or a french horn or even a xylophone solo in a classical music piece, but they were there. In between the solo’s, there was a lot of ‘dream sequence’ flute playing which seemed to be building in dynamics throughout the piece. Eventually, everyone played together in a what I can only describe as a crescendo to beat all crescendos, or so I thought.

To me the game was more than just bouncing a ball around the orchestra. The game incorporated not only instrumental sound but spacial arrangement. The sounds produced not only a unique arrangement but a spacial visualization to the music. Those odd solo’s are there for a reason. They allow your ear to see the music as it moves from one place to another, bridging the hard boundaries between the sections. The game was like being only able to only hear a tennis match as the ball moved from side to side, front to back and sometimes all places at once.

As promised during the Q&A, the finale was a “fasten your seat belts” kind of performance. The sound was everywhere, very fast and very loud. The ending crescendo of the second movement paled in comparison to that of the third. A very clear and distinct ending to a memorable concerto which received appropriately timed applause, standing ovations, hoots and hollers and I even heard some yelling ‘Bravo!’. Mr. Stucky returned to the stage to receive the praise and even some flowers while acknowledging the performance of the orchestra and Conductor.

Time for the intermission. My daughter and I ventured to the lobby to stretch our legs and get something to drink. It was amazing to me how many people stopped her to ask if she liked the performance. Being one of the only children in the audience, made her a bit of a novelty and people could not get over how well behaved and attentive she was to the music. Being a girl, she enjoyed the attention along with some apple juice and a cookie during the break.

We returned to our seats to find a completely different looking stage. The stage had been set for Beethoven’s Piano Concerto No. 4. Only the strings remained with the exception of the kettle drums and of course the piano which took center stage. First violin joined the rest of the strings and played a quick tuning note for the rest of the strings to follow before taking her chair. The Conductor was the next to come out followed closely by the featured pianist Angela Hewitt. Both were met again with much applause and excitement.

As the Conductor raised his hands, there was an almost deafening silence in the hall followed by the strings section playing as one voice. The first movement progressed and it took some time before the piano joined in. I was beginning to wonder if she would ever start playing but then she did.

Generally I am not a big fan of piano music but in this case it was very pleasant. I found myself distracted by what I think are over exaggerations of movement while she played the piano but she actually seemed to be lost in the music. Throughout the three movements she would finish a large section of music and then look at the orchestra as if to say, “Did you hear that?! I rocked it! Now keep up!”.

Even though I am not a fan of the piano, I can appreciate the amount of talent Ms. Hewitt displayed. Moving through the complex notes and steps and she worked her way from one end of the piano to the other was simply amazing and she truly seemed to be enjoying the music.

As expected, the second movement claimed my daughter as she fell asleep on my lap. I almost expected that to happen as the concerto followed the fast-slow-fast format. She woke up as the vivace pace of the third movement kicked in and rounded out the concerto.

Again, the audience was on its feet as the last note played and Ms. Hewitt stood to receive the applause and acknowledge the Conductor and orchestra for an excellent performance. But when do you stop applauding? This was the question I began to ask myself after Ms. Hewitt left and returned to the stage three times. Apparently the answer to the question is; when the performer starts the encore. Ms. Hewitt treated the crowd to an encore performance. I have no idea what the name of the piece was, but as expected she rocked it. After which she returned to the stage two more times for applause and flowers. I had no idea the symphony could be filled with so much energy.

The Breakdown

Overall it was a fun night. I was very surprised at how much I actually enjoyed listening to the music and experiencing the live performance. Being able to see the amount of talent it takes to play the instruments and the percussionist running their butts off back and forth between various items to bang on, helps me to appreciate what it takes to not only perform something like this, but to even compose it in the first place. Taking all of the individual pieces into account and coming up with a single coherent sound is amazing.

So where does this experience leave me? I will definitely attend the symphony again. We are planning to attend next months performance of Beethoven’s 5^th to include Handel’s “Royal Fireworks” and Mozart’s Mass “Coronation”. Although I enjoyed the symphony with my daughter, I think this time I’ll take my wife for what should prove to be a very memorable date night.

Mortgage calculators are tools which allow you to quickly and easily compute what your payment will be to buy a new home or refinance your existing home. All you need to know is the value of the property, the interest rate and the term. Reverse mortgage calculators are so much more complex because take into account your expected lifespan, the lifespan of your partner, the value of your home, and how your home value compares to other homes from around your part of the country.

This is what you need for a reverse mortgage calculation:

1. When you were born.
2. When was your spouse born (if they are still living).
3. An estimate of your current home value.
4. Your zip code – needed to determine your reverse mortgage limits based on the FHA’s lending limits for your region.

AARP has one of the best reverse mortgage calculators for basic information and is provided here.  Remember, this is just an estimate. Your particulars may vary. Contact us for the full estimate.

Contact Us

If you have questions about a Reverse Mortgage, please contact one of us today at 541-342-7576. Alpine Mortgage Planning is located at 1200 Executive Pkwy., Ste. 100, Eugene OR 97401. You can also e-mail Laurie here or Fred here. We are here to help you make the decision that is right for you. Reverse Mortgages are not for everyone, but they are an excellent choice for some people. Isn’t it time that you checked out the advantages of a Reverse Mortgage?

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Statistics are interesting things. One of my favorite sayings is that, “Figures never lie, but liars figure.” I don’t know who said it, but it is really true. Now, I don’t know if these figures are the ones that never lie, or are done by liars, but I found them quite interesting when thinking about how people in the Eugene and Springfield area of Oregon buy homes.

The 2009 National Association Of Realtors Profile Of Buyers And Sellers report was released in December 2009 and it showed that:

• 90% of home buyers used the Internet to help find their home
• 78% of buyers purchased through a real estate agents
• 85% of sellers used an agent to sell

The big deal about these stats is the previous year profiles that show the growth of the web and how it plays an ever increasing role in how buyers shop. In 2008 those using the web to find a home was 87%. Prior to that it was 84%, and it shrinks little by little the further back you go. (This figure was 2% in 1995.)

Each year more people are using the web to shop for a home. If you aren’t a presence on the web as a Realtor®, that means that only 10% of the buying public will probably see your information. If you aren’t partnered with a loan officer that has a web presence, you are missing out on the opportunity to share leads and referrals from the web.

How do you, as a Realtor® find out if your loan officer has a presence on the web? Try searching either through Google, Bing, or Yahoo. What kind of homes do you mostly market and what is your clientele? Do you specialize in FHA borrowers in Springfield? Try searching for FHA Loans in Springfield. Do you specialize in $1,000,000 homes on College Hill? Try searching for that. Find someone with the web presence that is complementary to your focus and see if they know their business. How about homes in Creswell or Cottage Grove that qualify for USDA financing? What will your search results be for that one? It really is time to take the web marketing to the right point for your business.

Contact Me

Needless to say, I am hoping that some of those searches bring you to me(Fred Chamberlin, the Eugene Loan Guy). I would be happy to help you with your web presence as part of my service. If you have questions about mortgage loans please contact me at 541-342-7576/541-221-3455 cell or by e-mail. I am a Senior Mortgage Advisor at Alpine Mortgage Planning, 1200 Executive Pkwy., Ste. 100, Eugene OR 97401. I am here to help you with your mortgage needs.

Eugene/Springfield Realtors® Need Web Presence is a post from: Eugene Loan Guy

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Mortgage rates, mortgage rate, mortgage rates! What is going to happen? According to the Federal Reserve Survey, mortgage rates are 1% lower today than they would have been because the Fed has been purchasing mortgage backed securities (MBS). That all stops the end of next month.

Since March of last year, the Fed has been buying over $20 billion in MBS until they started cutting back in October will less going out each month.  You can check out a chart showing the purchase in my weekly newsletter here.

The markets were closed yesterday and it will be interesting to see what happens this week. Right now, mortgage rates are doing well, but I expect them to be going up in the next month or so. Also, we have the Home Buyer Tax Credit going away on purchases after April 30. Hopefully we have enough momentum to see the real estate market continue.

Contact Me

If you have questions about mortgage loans please contact me at 541-342-7576/541-221-3455 cell or by e-mail. I am a Senior Mortgage Advisor at Alpine Mortgage Planning, 1200 Executive Pkwy., Ste. 100, Eugene OR 97401. I am here to help you with your mortgage needs.

Fed Nearly Done Buying Mortgage Backed Securities is a post from: Eugene Loan Guy

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