Search results
Results from the WOW.Com Content Network
The Oregon Housing and Community Services Department (OHCS) is the housing finance agency of the government of the U.S. state of Oregon.It administers programs providing financing assistance for single family homes, new construction or rehabilitation of multi-family affordable housing developments, and grants and tax credits to promote affordable housing.
Low-doc loans carry a higher interest rate and were theoretically available only to borrowers with excellent credit and additional income that may be hard to document (e.g. self-employment income). As of July 2010, no-doc loans were reportedly still being offered, but more selectively and with high down payment requirements (e.g., 40%). [4]
Business journalist Kimberly Amadeo reports: "The first signs of decline in residential real estate occurred in 2006. Three years later, commercial real estate started feeling the effects. [77] Denice A. Gierach, a real estate attorney and CPA, wrote:...most of the commercial real estate loans were good loans destroyed by a really bad economy.
Mar. 7—The Oregon Senate has passed HB 4058, a bill increasing transparency and strengthening consumer protections in real estate transactions. The measure was crafted in partnership with ...
Availability: All U.S. states Loans offered: Conventional, jumbo, FHA, VA Credit requirements: 650 for conventional loans, 700 for jumbo loans, 620 for FHA loans Down payment minimum: 3% for ...
An FHA insured loan is a US Federal Housing Administration mortgage insurance backed mortgage loan that is provided by an FHA-approved lender. FHA mortgage insurance protects lenders against losses. [1] They have historically allowed lower-income Americans to borrow money to
10 tips to get the best HELOC rate 1. Maintain good credit. Having a good credit score is one of the key ways to obtain a competitive interest rate when applying for HELOC. A lender will consider ...
The Community Reinvestment Act (CRA, P.L. 95-128, 91 Stat. 1147, title VIII of the Housing and Community Development Act of 1977, 12 U.S.C. § 2901 et seq.) is a United States federal law designed to encourage commercial banks and savings associations to help meet the needs of borrowers in all segments of their communities, including low- and moderate-income neighborhoods.