Monday marks 85 years since the birth of one of this nation’s most famous civil rights leaders. Martin Luther King Jr. helped pave the way for equality in legal rights.

MLK day is an opportunity to remind us of the ideals, for which King, lost his life trying to achieve.

We hosted a lunch and learn at the Veterans center at Portland State University Wednesday. It was a great opportunity to work with some Veterans on a more personal level.

Mike Frakes, Pam Conrad, and Joe Kuziel were there to represent the lending side of the mortgage industry and Steve and Devon Granmo were there to represent the real estate side.

Getting a home loan can be an intimidating process, and I know because I’m in the final stages of buying our first home. Adding one more confusing acronym to the mix doesn’t help the situation out too much either.

That’s why we’re here - to help you get a better understanding of the confusing world of mortgage and real estate.

Melvin L. Watt was sworn in Monday as the new director of the the Federal Housing Finance Agency (FHFA).

Recently I was presented with a question that I think few people take into consideration when talking about the VA Home loan program. The question was asked by a young woman I met at the dog park. She asked “Can I use my husband’s VA benefit to buy a house if he was killed in Iraq?”

So you got your Certificate of Eligibility (COE) and it says that you qualify for $36,000. That’s great if you could get into your time machine and buy a house back when that amount was decided on in 1987!

Let’s take a step back and get a little history on the VA loan.

When beginning the process of purchasing a home, it’s important to understand the different roles that each organization plays.

We will focus on three organizations to answer the question, “does the VA lend money?” You need to understand what a mortgage broker is and does, what a lender does and how they work with a broker, and what Veterans Affairs (VA) does.

There will not be a Week in Review video this week but our hope is that this post will help make up for the missing video. Rest assured, Creekside Mortgage, Inc. will have a video post next week for your viewing pleasure.

We’re experiencing the normal calm that happens before the storm, and it’s about to break loose. The Federal Reserve will be making an announcement Wednesday, and is expected to discuss (again) the plan to pull out of the bond market.

That beautiful house just down the street, it’s the one you drive by and think to yourself, “If I had that house I would have a huge garden, swings for the kids and a garage to finally work on my bike.” Well, it just went on the market. There is a big, bright for sale sign in the front and on a whim you call the number for the asking price. Surprised at the price you begin to wonder if you could own it and think “Where do I start?”