First Time Buyer? Need 100% Financing?

For all of you out there thinking of buying your fist home in the new year, I wanted to give you some information. If you are in the Albany, Corvallis areas, you should really check out Willamette Neighborhood Housing. They offer first time home buyer classes and financial assistance for first time buyers. Coming up in the new year, they are going to be offering their own fixed rate loan program as well. WNHS not only helps prepare you to buy a home, but they know where to get grants, down payment assitance, second mortgages and more! They also work with reputable lenders and realtors who know our area! Rates are too good not to buy. Inventory is up and if you were every going to get a deal, now is the time! Here is the link to Willamette Neighborhood Housing:

http://www.w-nhs.org/

There are 100% Financing Programs Available!

Rural Development is 100% financing is used a lot in Lebanon, Sweet Home, Brownsville, Tangent area. There are homes in Albany and Corvallis, we just have to look up the address to see if they qualify. The positive about this program is there is no mortgage insurance, there is a 2% funding fee that is included in the financing. It allows 6% seller concession like FHA does. The income limits are actually pretty high (significantly higher than the housing programs). Here is the link to property eligibility and income eligibility for this program:

http://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do

http://eligibility.sc.egov.usda.gov/eligibility/incomeEligibilityAction.do?pageAction=state&NavKey=income@11

If you have any other questions about this program contact Dee Robb at Pacific Crest Home Loans. Here is her information:

541-979-2194 Direct

541-451-3211 Office