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Oregon-Down Payment Assitance

Oregon-Down Payment Assitance

This is just a reminder to anyone who plans on using the Down Payment Assitance Program anytime soon.

As many of you may have heard this program will be going away (for good? not really sure) on October 1st 2008. Most lenders are wanting the file to be APPROVED and LOCKED in their system by September 1st 2008. If you have a buyer on the fence who needs the DPA....this should give them a little push.

After October 1st, buyers will have to come in with 3.5% (not the 3% we're used to seeing)

Have a fantastic day!

Travis

Posted Thursday Aug 21