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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  • Ginnie Mae - Government National Mortgage Association (GNMA); a government-owned corporation overseen by the U.S. Department of Housing and Urban Development, Ginnie Mae pools FHA-insured and VA-guaranteed loans to back securities for private investment; as With Fannie Mae and Freddie Mac, the investment income provides funding that may then be lent to eligible borrowers by lenders.

  • Good Faith Estimate - An estimate of all closing fees including pre-paid and escrow items as well as lender charges; must be given to the borrower within three days after submission of a loan application.


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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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