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David & Dewey Whitton
The Salem Real Estate Group
6444 Fairway Avenue SE
Salem, Oregon 93706

Direct Line: 503-949-3623
Fax: 888-299-8055
Email Us

Financing and Refinancing Your Salem Home

  Posts filed under Financing and Refinancing Your Salem Home


showing 1-18 of 18

$25 Billion Deal To Help Distressed Home Owners
on 03/04/12
Five of the nation's largest banks, Bank of America, JPMorgan Chase, Wells Fargo, Citibank, and Ally Financial, have agreed to a $25 billion settlement deal over wrongful, deceptive, or unfair fore...

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Do You Qualify For A Mortgage For Your Salem Oregon Real Estate?
on 02/10/12
Although the housing market has been unpredictable in recent months, the existence of a seller’s market and the availability of low interest rates are providing incentives for potential buyers.  Ho...

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Good Debt vs Bad Debt – What Does It Mean For Salem OR Home Buyers
on 02/04/12
Given the lengthy and heated debate going on about the country’s debt, this may well be a good time to think about your personal debt philosophy and/or situation.   While it’s almost impossible to ...

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Saving Money With HUD PowerSaver Program
on 10/14/11
The Federal Housing Administration has recently signed up 18 specially selected lenders to participate in a pilot program that offers some owners of Salem OR real estate “PowerSaver” loans of up to...

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Using Your Salem Oregon Home Equity
on 09/23/11
Whether you have decided to make improvements to your Salem Oregon home or have just realized that your air conditioning system will soon need to be replaced, you need to find a source of funds to ...

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Thinking About a Reverse Mortgage for Your Salem Oregon Home?
on 09/07/11
Because of today’s economic situation, rapidly rising health care costs, and falling retirement and savings account balances, many seniors are feeling financial stress. Looking for relief from thei...

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Cash-In Refinancing For Your Salem Oregon Real Estate
on 06/10/11
During the housing boom millions of Americans were taking advantage of "cash-out" refinancing to pay for home improvements, cars, boats, etc. In today's economy, however, money is flowing in the op...

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Salem Oregon Foreclosure Trends For Polk and Marion County - March 2011
on 05/05/11
Salem Oregon foreclosures have been rising in both Polk County and Marion County over the past six months. Let's take a look at March 2011 statistics in both Marion and Polk counties to understand ...

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Getting A Mortgage For Your Salem Oregon Real Estate? Here’s How
on 03/06/11
Although the housing market has been unpredictable in recent months, the existence of a seller's market and the availability of low interest rates are providing incentives for potential buyers. Obt...

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How To Improve Your Credit Score When Buying a Salem Oregon Home
on 10/15/10
Your credit score is a number that helps lenders predict how likely you are to make your payments on time. This score affects your ability to obtain credit and helps determine what you pay for cred...

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Be Credit Savvy When Buying Salem OR Real Estate
on 09/23/10
What is a credit score? A credit score is a number that helps lenders predict how likely you are to make your payments on time. This score affects your ability to obtain credit and helps determine...

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FHA Announces Changes In Mortgage Insurance Rates
on 09/16/10
Congress has authorized FHA to change the amount charged to borrowers for both the Up Front and the Annual Mortgage Insurance (MI) premiums. These changes as outlined in Mortgagee Letter 2010-28, a...

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Refinancing The Mortgage On Your Salem Oregon Home
on 09/08/10
Why would you refinance your Salem Oregon home mortgage at this time?  For many reasons.  Refinancing now can allow you to: 1. Lock in a lower interest rate 2. Reduce your monthly mortgage paymen...

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Choosing a Mortgage When You Purchase Salem OR Real Estate
on 08/24/10
Choosing between a 15-year mortgage and a 30-year mortgage can be a difficult decision, one which will have a major financial impact on your life. On the one hand, the 30-year mortgage will have lo...

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Pre-qualification vs. Pre-approval When Buying a Salem OR Home
on 08/08/10
Although the terms pre-qualification and pre-approval are often used interchangeably, the two differ greatly in the process involved in obtaining them and in the benefits they provide when buying a...

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Reviewing Your Options When Refinancing Your Salem Oregon Real Estate
on 06/08/10
Because of the current lower interest rates, many mortgage experts are advising Salem Oregon home owners to consider refinancing their existing mortgages as a way to decrease the amount of their...

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Avoid Credit Score Myths When Buying Salem Home
on 04/01/10
The most important piece of a person’s financial life is their credit score. Whether buying a new Salem home, applying for a job, refinancing your home, paying off debt, or getting utility service,...

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How You Can Save the Down Payment for Your Salem Oregon Home
on 03/02/10
This is a great time to think about buying a Salem Oregon home. Salem Oregon home prices have dropped and interest rates are at all time lows. The biggest hurdle for many home buyers is saving mone...

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showing 1-18 of 18