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The latest news for HOWNW.com™

Did you know…

As of January 1, 2018, all sellers of single-family homes within Portland city limits must obtain a Home Energy Report. The cost of an assessment ($150 to $250) might be prohibitive for lower-income families, however, the Portland Office of Planning and Sustainability does offer an application for a free home energy assessment for Income-qualified home […]

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Did you know…

The 2018 NAR Home Buyers and Sellers Generational Trends Report found that Millennials, the largest group of home buyers, are more likely to purchase in suburban locations. For first-time buyers looking to purchase in Portland’s suburbs, both Gresham and Clackamas County offer programs for down payment assistance. Gresham’s WELCOME HOME program offers up to $20,000 […]

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Program Update

The maximum purchase price for the Clackamas Homebuyer Assistance Program has increased to $335,000. For more information visit: Clackamas Homebuyer Assistance Program

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Did you know…

  In 1989 Northeast Portland’s Union Avenue was renamed Martin Luther King Jr. Boulevard. Today the street runs through the eastern boundary of Portland’s largest Urban Renewal Area. Covering 3,990 acres, the Interstate Corridor URA includes a diverse collection of historic communities in North and Northeast Portland. Creating housing opportunities for a range of incomes […]

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Did you know…

Though the Oregon State Bond Cash and Rate Advantage Home Loans are geared toward first-time homebuyers, the requirement to be a first-time buyer is waived if the property being purchased is in a targeted area. There are 30+ targeted areas in Multnomah County alone! See here for a list of targeted areas. For more information […]

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Program Update

In December 2017 the USDA Rural Development conducted a review of all areas under its jurisdiction to identify areas that no longer qualify as rural for the Single-Family Housing Programs. In our area the city of Bethany and parts of Wilsonville are no longer eligible for USDA Housing Programs. For more information on property eligibility […]

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Come visit the HOWNW.com™ booth!

Come visit with our HOWNW.com™ Certified Specialists this Friday, March 16th at the 2018 RMLS™ Education Summit and Trade Fair. When:        8:30 am to 4:30 pm Where:      The Lloyd Center Ballroom at the DoubleTree by Hilton 1000 NE Multnomah St Portland, OR 97232

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New Loan Programs Added

Each with low down-payments and flexible sources of down-payment, Fannie Mae’s Home Ready and Freddie Mac’s Home Possible and Home Possible Advantage join our list of programs helping to make homeownership possible. For more information on these and other programs please visit: http://hownw.com/program-search/show-all-programs/

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Did you know…

  HUD’s Good Neighbor Next Door program provides law enforcement officers, pre-kindergarten through 12th grade teachers, firefighters and emergency medical technicians the opportunity to become homeowners while also contributing to community revitalization. The program offers a substantial incentive in the form of 50% off the list price of the home. Click here for more information […]

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Program Update

The USDA has updated the titles of their loans: The Guaranteed Loan Program is now the Single Family Housing Guaranteed Loan Program The Section 502 Direct Loan Program is now Single Family Housing Direct Home Loans The Section 504 Home Repair program is now Single Family Housing Repair Loans & Grants In Addition, the maximum […]

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