Oregon Mortgage Blog

How much are buyer’s closing costs?

When preparing to purchase a home a buyer needs to not only prepare for the down payment but also the settlement charges. Total Settlement Charges… Settlement charges will vary for each buyer so it is difficult to forecast exactly how much a specific person should budget without a complete pre-approval application.  That said, please watch […]

Benefit 3 – Avoid contractual problems by getting pre-approved by a reputable lender

Did you know the standard Residential Real Estate Agreement commonly used in Oregon allows the seller to prevent you from switching lenders or loan programs? In this short video I explain the third benefit of being pre-approved for a home loan prior to starting your search: Consumers should take the time to compare lenders prior […]

Benefit 2 – Avoid surprises by getting pre-approved before you start your home search

Are thinking of buying a home and wondering when you should get pre-approved?  Unless you are open to the potential for an unwanted surprise, I recommend you get pre-approved early on. In this short video I explain the second benefit of being pre-approved for a home loan prior to starting your search: By taking the […]

Threat of government shutdown helps mortgage rates remain low

Are you having withdrawals from the ‘round the clock media coverage of the federal government shutdown?  Don’t worry, without a fresh funding bill the government will shut down this Friday at midnight. Or will it? Agreement in Principle According to multiple reports republicans and democrats have reached an agreement to fund the government past this […]