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Access Mortgage

Address: 9498 SW Barbur Blvd Portland, OR 97219
Access Mortgage in Portland, OR is a private company categorized under Mortgages. Current estimates show this company has an annual revenue of unknown and employs a staff of approximately 1 to 4.
Products or Services: Bad Credit Debt Consolidation Loans, Home Mortgage Refinance Loan, Home Equity Line Of Credit Calculator, Mortgage Loan Rates and Online Mortgage Information.

Broadview Community Access - Affordable Mortgage Program

The Broadview Community Access Homebuyer Mortgage Program is an Affordable Lending program created with the specific purpose of helping valued ...

Expanding access to affordable homeownership

, President of CBCMA. "Rate Advantage is an important tool to help borrowers clear the down payment barrier and achieve homeownership in a responsible, sustainable way."

Under the program, borrowers who meet CBCMA's credit score and debt-to-income requirements can obtain a market rate first mortgage FHA loan coupled with a repayable second mortgage for the down payment. Compared to other methods of providing down payment assistance, the Rate Advantage package results in significant monthly payment savings for borrowers.

CBCMA continues to offer an alternate avenue for qualified buyers, the DPA Edge Program. Under this approach, eligible borrowers can apply for a grant or forgivable second mortgage to cover their 3.5% minimum down payment requirement when purchasing an FHA-insured home.

"Our goal is to provide home buyers with multiple assistance options to increase the likelihood of homeownership success," Ferguson said. "We believe that by helping responsible homebuyers meet the down payment investment required for a mortgage, we can create healthier communities by improving the balance between homeownership and other housing types. That benefits our entire economy.

House Financial Services Committee advances bill to help low-income families get qualified mortgages

Legislation that will help low and middle-income families attain a qualified mortgage was passed by the House Financial Services Committee this week, 46-13.

The Mortgage Choice Act, sponsored by Reps. Bill Huizenga (R-MI) and Rep. Greg Meeks (D-NY), amends the Truth in Lending Act (TILA) by clarifying the definition of “points and fees” as it relates to determining whether a mortgage can be a qualified mortgage.

Specifically, the bill excludes insurance and taxes held in escrow as well as fees paid to affiliated companies due to their participation in a business arrangement from the calculation of points and fees. It also directs the Bureau of Consumer Financial Protection (CFPB) to amend its regulations related to qualified mortgages to reflect the new exclusions.

“The qualified mortgage represents the safest, best underwritten mortgage available on the market. It’s the gold standard. We should want more people getting qualified mortgages, not less,” Huizenga said.

How do you access mortgage insurance if you are unable to make a payment?

I may not have a clear understanding of how mortgage insurance works. can anyone clarify?


You don't! While you do pay, it is to protect the lenders position not yours! If they have to file bankruptcy. The insurance helps them not you! Now to address the real issues. If you can't pay and have a good reason...