David Lythgoe and Regina Lythgoe, Brokers
Merit Properties - Mt. Hood

503-622-3141
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68280 E Hwy 26, Welches, OR 97067
 

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Real Estate Glossary

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  • 203(b) - FHA program which provides mortgage insurance to protect lenders from default; used to finance the purchase of new or existing one- to four family housing; characterized by low down payment, flexible qualifying guidelines, limited fees, and a limit on maximum loan amount.

  • 203(k) - This FHA mortgage insurance program enables homebuyers to finance both the purchase of a house and the cost of its rehabilitation through a single mortgage loan.


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Merit Properties - Mt. Hood, 68280 E Hwy 26, Welches, OR 97067
Phone: 503-622-3141  Fax: 503-622-3117  Email: Send an Email 

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