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Feeling Stressed? Buy a House This Year, Research Suggests

Looking for more than just a place to live? Homeownership offers peace of mind, stability, and lower stress levels, according to researchers.

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FHA Condo Certification Requirements

While the FHA condo approval process is not new, it has changed considerably over the last few years. Basic FHA condo eligibility requirements include...

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FHA Home Repair Guidelines

The FHA home repair guidelines have relaxed over the past 15 years, and sellers are more open to accepting offers from borrowers with this type of loan.

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FHA Manual Underwriting

FHA recently updated the way that it assesses mortgage risk. 4-5 percent of FHA loans after March 17 are expected to require manual underwriting.

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FHFA Increases Conforming Loan Limits for 2022

House prices increased 7.42 percent on average between the third quarter of 2019 and 2020, according to recent data.

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FICO's New Credit Score: UltraFICO

UltraFICO scores empower you to enhance your own credit scores by using any responsible financial management activity using checking or savings accounts.

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9400 SW Beaverton Hillsdale Hwy
Suite 145
Beaverton, OR 97005

503-699-LOAN (5626)

800-318-4571 (toll free)

feedback@pacresmortgage.com

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Reverse Mortgage - Contents not provided by, or approved by FHA, HUD or any other government agency. At the conclusion of a reverse mortgage, the borrower must repay the loan and may have to sell the home or repay the loan from other proceeds; charges will be assessed with the loan, including an origination fee, closing costs, mortgage insurance premiums and servicing fees; the loan balance grows over time and interest is charged on the outstanding balance; the borrower remains responsible for property taxes, hazard insurance and home maintenance, and failure to pay these amounts may result in the loss of the home; interest on a reverse mortgage is not tax deductible until the borrower makes partial or full re-payment.


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