Eugene Mortgage News

Rents in Oregon will be increasing soon!

February 14th, 2023 12:06 PM by Mike Herborn

Rents in Oregon will be increasing soon!  

In the State of Oregon, Starting Jan. 1, 2023, landlords in Oregon are allowed to legally increase rents by up to 14.6%.  If you are paying $1600 in rent, it could increase to $1833 a month.

We do have a few home loan programs that could get you out of renting and into a home.  

  • Down Payment Assistant Program - Down payment assistance is in the form of a grant,
  • equal to either 2% or 3.5% of the purchase price, combined with 6% seller-paid concessions
  • 100% Financing – 2 programs
    • USDA financing in eligible rural areas and meeting the income eligibility
    • VA-100% financing for military veterans
  • Low 3.5% Down Payment Programs-FHA and Conventional Programs

Please give us a call at 541-683-330 with your questions or click on the link below and apply!

Applying for your loan is easy!

 

Stepping Stone Mortgage, Inc. is a qualified mortgage lender with all loan officers and processing staff trained to handle your questions. Our dedicated staff will help you through the loan process in a very efficient manner for you to purchase or refinance your home.

Posted by Mike Herborn on February 14th, 2023 12:06 PM

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Stepping Stone Mortgage

NMLS-235749 ML-3770

1140 Willagillespie Rd., Suite 13
Eugene, OR 97401