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	<title>Classic Homes Northwest &#187; Lending</title>
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	<link>http://classichomesnorthwest.com</link>
	<description>Brought to you by Scott Cowan of RE/MAX Four Seasons</description>
	<lastBuildDate>Thu, 24 Nov 2011 03:00:28 +0000</lastBuildDate>
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		<title>Here Comes More Fees For FHA Homebuyers. Coming April 18th 2011</title>
		<link>http://classichomesnorthwest.com/here-comes-more-fees-for-fha-homebuyers-coming-april-18th-2011.htm</link>
		<comments>http://classichomesnorthwest.com/here-comes-more-fees-for-fha-homebuyers-coming-april-18th-2011.htm#comments</comments>
		<pubDate>Thu, 17 Feb 2011 16:52:39 +0000</pubDate>
		<dc:creator>Scott Cowan</dc:creator>
				<category><![CDATA[Buying a Home]]></category>
		<category><![CDATA[FHA Financing]]></category>
		<category><![CDATA[Lending]]></category>

		<guid isPermaLink="false">http://classichomesnorthwest.com/?p=1297</guid>
		<description><![CDATA[Looks like the good folks over at HUD have some new costs they want to share with you the prospective Tacoma (and nationwide) home buyer. Starting with FHA case numbers issued on April 18th. 2011 there will be an increase to the cost of mortgage insurance that buyers will have to pay monthly. The full [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>“Pre-Qualified”? What does it mean? What about “Pre-Approved”?</title>
		<link>http://classichomesnorthwest.com/%e2%80%9cpre-qualified%e2%80%9d-what-does-it-mean-what-about-%e2%80%9cpre-approved%e2%80%9d.htm</link>
		<comments>http://classichomesnorthwest.com/%e2%80%9cpre-qualified%e2%80%9d-what-does-it-mean-what-about-%e2%80%9cpre-approved%e2%80%9d.htm#comments</comments>
		<pubDate>Fri, 01 Oct 2010 17:28:38 +0000</pubDate>
		<dc:creator>Scott Cowan</dc:creator>
				<category><![CDATA[Buying a Home]]></category>
		<category><![CDATA[Lending]]></category>

		<guid isPermaLink="false">http://classichomesnorthwest.com/?p=1208</guid>
		<description><![CDATA[Q: “Help! I just saw my dream house when driving to my son’s soccer practice last night.  While he was at practice I called the agent whose name appeared on the “for sale” sign posted in front of the beautiful Victorian. As I summoned the agent to show me this house, he asked me if [...]]]></description>
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		<slash:comments>1</slash:comments>
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		<title>So What is an APR anway? And how is it different from my &#8220;Note&#8221; rate?</title>
		<link>http://classichomesnorthwest.com/so-what-is-an-apr-anway-and-how-is-it-different-from-my-note-rate.htm</link>
		<comments>http://classichomesnorthwest.com/so-what-is-an-apr-anway-and-how-is-it-different-from-my-note-rate.htm#comments</comments>
		<pubDate>Wed, 15 Sep 2010 07:48:48 +0000</pubDate>
		<dc:creator>Scott Cowan</dc:creator>
				<category><![CDATA[Lending]]></category>

		<guid isPermaLink="false">http://classichomesnorthwest.com/?p=1171</guid>
		<description><![CDATA[Basically, the APR (Annual Percentage Rate) is different from your mortgage contract rate (or note rate) in that the APR reflects the cost (at least most of it) of financing your new home loan. This applies to both a refinance as well as a purchase mortgage loan. A rule of thumb: the further the difference [...]]]></description>
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		<slash:comments>1</slash:comments>
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		<item>
		<title>Funding for the USDA Guaranteed Rural Housing program has been restored</title>
		<link>http://classichomesnorthwest.com/funding-for-the-usda-guaranteed-rural-housing-program-has-been-restored.htm</link>
		<comments>http://classichomesnorthwest.com/funding-for-the-usda-guaranteed-rural-housing-program-has-been-restored.htm#comments</comments>
		<pubDate>Wed, 08 Sep 2010 15:26:46 +0000</pubDate>
		<dc:creator>Scott Cowan</dc:creator>
				<category><![CDATA[Lending]]></category>
		<category><![CDATA[USDA Financing]]></category>

		<guid isPermaLink="false">http://classichomesnorthwest.com/?p=1156</guid>
		<description><![CDATA[As of  September 8, 2010 the USDA will begin obligating section 502 Single Family Housing Guaranteed Loans. This news was released in a press release on September 7, 2010 The systems enhancements will Phase out the old 2 percent fee structure for purchase loan guarantees Allow for a new up front fee of 3.5% as [...]]]></description>
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		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Just when I think I have seen it all. IndyMac Bank Closure and the Aftermath</title>
		<link>http://classichomesnorthwest.com/just-when-i-think-i-have-seen-it-all-indymac-bank-closure-and-the-aftermath.htm</link>
		<comments>http://classichomesnorthwest.com/just-when-i-think-i-have-seen-it-all-indymac-bank-closure-and-the-aftermath.htm#comments</comments>
		<pubDate>Tue, 31 Aug 2010 04:20:24 +0000</pubDate>
		<dc:creator>Scott Cowan</dc:creator>
				<category><![CDATA[Lending]]></category>

		<guid isPermaLink="false">http://classichomesnorthwest.com/?p=1130</guid>
		<description><![CDATA[The video here is a few months old but I was not made aware of it until today. Seems that the FDIC has cut some pretty sweet deals for banks who buy the assets of other banks. Who gets to pick up the tab for these deals? Well, it&#8217;s you and I who do. Please [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Tax Credit for Homeowners Closing Dates Extended; Not So Fast&#8230;..</title>
		<link>http://classichomesnorthwest.com/tax-credit-for-homeowners-closing-dates-extended.htm</link>
		<comments>http://classichomesnorthwest.com/tax-credit-for-homeowners-closing-dates-extended.htm#comments</comments>
		<pubDate>Thu, 17 Jun 2010 17:55:59 +0000</pubDate>
		<dc:creator>Scott Cowan</dc:creator>
				<category><![CDATA[Buying a Home]]></category>
		<category><![CDATA[Lending]]></category>
		<category><![CDATA[Ramblings]]></category>

		<guid isPermaLink="false">http://classichomesnorthwest.com/?p=992</guid>
		<description><![CDATA[Many people are shouting that the tax credit has been extended&#8230;the tax credit has been extended!! this is not completely accurate. The tax credit will only be extended for closing your transaction if you were already under contract by the April 30th. end of the tax credit. To qualify for the tax credit you had [...]]]></description>
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		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>USDA Washington State 2010 Income Levels Have Changed</title>
		<link>http://classichomesnorthwest.com/usda-washington-state-2010-income-levels-have-changed.htm</link>
		<comments>http://classichomesnorthwest.com/usda-washington-state-2010-income-levels-have-changed.htm#comments</comments>
		<pubDate>Thu, 10 Jun 2010 20:42:26 +0000</pubDate>
		<dc:creator>Scott Cowan</dc:creator>
				<category><![CDATA[Buying a Home]]></category>
		<category><![CDATA[Lending]]></category>
		<category><![CDATA[Puget Sound]]></category>
		<category><![CDATA[USDA Financing]]></category>

		<guid isPermaLink="false">http://classichomesnorthwest.com/?p=950</guid>
		<description><![CDATA[The USDA has announced some changes to the 2010 Washington State Income Levels to qualify for 100% zero down USDA financing. Take a look at table below to see what the income levels for where you live have been adjusted to. Income levels in Pierce County is now at $80,050 for a family up to [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>USDA Loans Show Me an Example of What We Can Buy</title>
		<link>http://classichomesnorthwest.com/usda-loans-show-me-an-example-of-what-we-can-buy.htm</link>
		<comments>http://classichomesnorthwest.com/usda-loans-show-me-an-example-of-what-we-can-buy.htm#comments</comments>
		<pubDate>Thu, 20 May 2010 16:23:37 +0000</pubDate>
		<dc:creator>Scott Cowan</dc:creator>
				<category><![CDATA[Buying a Home]]></category>
		<category><![CDATA[Lending]]></category>
		<category><![CDATA[Puget Sound]]></category>
		<category><![CDATA[USDA Financing]]></category>

		<guid isPermaLink="false">http://classichomesnorthwest.com/?p=919</guid>
		<description><![CDATA[I was chatting with a friend the other day about USDA loans and she mentioned that she thought that USDA loans were for farm houses and things way out in the &#8220;sticks&#8221; I explained to her that her concept of USDA loans was a bit off. Yes you have to be purchasing a home in [...]]]></description>
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		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>USDA Financing Fiscal Year 2010 Funds Running Out. Conditional Commitments Will be Issued</title>
		<link>http://classichomesnorthwest.com/usda-financing-fiscal-year-2010-funds-running-out-conditional-commitments-will-be-issued.htm</link>
		<comments>http://classichomesnorthwest.com/usda-financing-fiscal-year-2010-funds-running-out-conditional-commitments-will-be-issued.htm#comments</comments>
		<pubDate>Wed, 12 May 2010 23:34:30 +0000</pubDate>
		<dc:creator>Scott Cowan</dc:creator>
				<category><![CDATA[Buying a Home]]></category>
		<category><![CDATA[Lending]]></category>
		<category><![CDATA[Puget Sound]]></category>
		<category><![CDATA[USDA Financing]]></category>

		<guid isPermaLink="false">http://classichomesnorthwest.com/?p=905</guid>
		<description><![CDATA[As we have reported here in previous articles the USDA is running out of funds for the fiscal year 2010. The announcement today that the USDA will issue conditional commitments for Section 502 Single Family Housing Guaranteed Loans after the funds have been exhausted is potential good news for home buyers in Pierce County or [...]]]></description>
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		<slash:comments>3</slash:comments>
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		<item>
		<title>USDA Rural Home Loans Congress is Trying to Provide Additional Funding for 2010</title>
		<link>http://classichomesnorthwest.com/usda-rural-home-loans-congress-is-trying-to-provide-additional-funding-for-2010.htm</link>
		<comments>http://classichomesnorthwest.com/usda-rural-home-loans-congress-is-trying-to-provide-additional-funding-for-2010.htm#comments</comments>
		<pubDate>Thu, 22 Apr 2010 23:46:13 +0000</pubDate>
		<dc:creator>Scott Cowan</dc:creator>
				<category><![CDATA[Buying a Home]]></category>
		<category><![CDATA[Lending]]></category>
		<category><![CDATA[USDA Financing]]></category>

		<guid isPermaLink="false">http://classichomesnorthwest.com/?p=855</guid>
		<description><![CDATA[Are you hoping that you can use USDA Rural Guarantee Financing? It looks like Congress is working on making sure that the funding is going to be available without interruption. USDA Rural Loans can be a great way for home buyers to buy a home in a rural area. We have written articles on USDA [...]]]></description>
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		<slash:comments>3</slash:comments>
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