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Down payment assistance for buyers who qualify

The PDX Home Loan team is proud to offer down payment assistance grants from the National Homebuyers Fund through what is called the “NHF Platinum” purchase program. Down payment assistance grants, also known as “DPA programs” were all the rage in the mid-2000’s.  There were more than a few non-profit organizations who could insert themselves …

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Buying with cash and then refinancing it back: FNMA delayed financing

Q:  How soon can you refinance a piece of real estate after you’ve bought it, if you acquired it with cash? A:  The very next day!  (maybe)-  thanks to a quirky provision in the Fannie mae guidelines called “delayed financing”. Delayed financing is actually priced as “cash-out” money, and is restricted to the loan to …

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