Like the Oregon Bond Loan, the State of Oregon's Veterans Home Loan increased rates. Effective February 22, 2008, the interest rates were increased to 5.25% with 1% loan origination fee, or 5.125% with 1.50% loan origination fee.
Unlike the Oregon Bond Loan program, these rates are still well below market interest rates, and are a great tool for the qualifying Oregon Veteran who uses this program to purchase their home.
See you at the Closing Table!
Karen Cooper - OR/CA Mortgage Consultant - www.Quality4Loans.com
Putting 28 Years of quality mortgage|real estate experience to work helping homeowners buy|hang on to their homes as a Neighborworks certified Housing Counselor and Foreclosure Intervention Specialist
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