Thursday, February 7, 2008

Economic Stimulus: If Bond Refinancing Provisions Included, What Oregon Eligibility Might Look Like.

Not clear what portions of defeated Senate Economic Stimulus bill may be included in an amended House version of the bill.

However, IF the Senate use of mortgage revenue bonds for refinance provisions are included I prepared this PDF file HERE to outline what some basic Oregon eligibility requirements might look like. Included are price and income limits and the eligibility time periods and loan types.
(All of this is subject to change as income and mortgage limits change, and of course it refinancing ISN'T included in the bill that is finally signed into law none of this will be relevant).

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