The home owner views their project before it is disassembled. Each home is pre-assembled in a building, tagged for identification, drilled for electrical and through bolts, sanded and sprayed with wood preservative. They also produced Swedish cope, Montana, and Canadian log profiles at their mill site in Medford, Oregon. Homestead chose it’s fourteen inch “Scribe-fit” handcrafted style of dry Lodgepole Pine for this model. The lodge feel of this big structure is embellished by extensive stonework, soaring log roof beams, antler furnishings and exotic hardwood floors. The Company outgrew it’s current Timberline model of 2,440 square feet as business has doubled over the last few years and the size of their labor force increased. This unique floor plan, with four bedrooms and three and a half baths meets the needs for spacious log home living at it’s best. Ron Snow of Creative Building Designs, their designer for over 30 years, altered the office plan to create a home design attractive to potential home buyers. Built right on the main highway to Central Oregon and Crater Lake and completed in April of 2004, this 4,769 square foot log home shows the high quality of craftsmanship Homestead adheres to. The “Crater Lake” model satisfied all concerns and has created quite a stir in the Southern Oregon area. Owner Jim Hoffman wanted a building design that would incorporate seven offices, a lunch room to accommodate up to thirty employees and most of all feel like a home. The decision to build a new model home/office took a few years and plenty of planning.
No Prepayment Penalties: Pay-off your loan early, make additional payments or refinance without a penalty.īank Repossessions/HUD Foreclosures: We do not offer financing for repossessions or foreclosed properties.Find out more about our design approach in Land and Home: $60,000 (Doublewide and Triplewide only)ĭoublewide and Triplewide: 1976 or newer POST-HUD (exceptions available in CA) Home Only: $15,000 (singlewide, doublewide and triplewide) Second or Vacation Homes in resort/recreational locations are acceptable Occupancy: Owner occupied only - No rental, Investment, Buy-for Family/Friends or Co-signer programs. Land and Home Purchase: FHA 3.5% down, FNMA 20% down, Non-Conforming 10% down, all based on credit history and age of home and program selected
10%-20% down based on good to average credit history. Home only Purchase: 5% based on excellent credit. Land and Home: Up to 30 Years, based on age of home, loan amount and program. Home Only: Up to 25 years, based on the age of the home, loan amount and program type. Your rate will be determined and outlined on your Pre-Qualification letter. Interest Rates: Rates range from 7.4% to 12% depending on your overall credit quality, the age of the home, your collateral type, loan amount, loan-to-value and type of interest rate program selected. Some restrictions may apply based on your location. Rate Products: We offer Fixed, Variable and Step Rates. Pre-qualification fees: No Upfront Application or Credit Bureau Fees to obtain pre-qualification.
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