Bill Morris Columbia Bank Home Loan Officer

11/06/2025

Yearly continued education is a great reminder people come first. We are told discrimination is not tolerated yet there are so many examples demonstrating these practices are present. If you or anyone you know are looking into purchasing a home, selecting your team is greatly important. Each team member fulfills a specific roll and brings value to you. If you are interviewing team members and need a lending on your team, lets chat. 503-409-5421.

05/30/2025

USDA has updated manufactured homes guidelines.

• Must be an existing unit that has never been previously installed on a different homesite
• Be placed on a permanent foundation
• Be classified as real property
• Have a floor area of not less than 400 square feet
• Have an economic life expectancy that meets or exceeds 30 years of proposed loan
• Have a manufacture date that is within 20 years from the date of loan closing
• Must have not had any alterations or modifications since construction in the factory, except for porches, decks, or other structures which were built to engineered designs or were approved and inspected by local code officials

05/20/2025

It all starts with a conversation with a trusted loan officer. Down payment assistance and lending options are all explored. No matter if you are ready to buy now or want to learn more about the process. I am here to help. Feel free to message me or contact me at 503-409-5421.

Generational wealth is achievable.

Check out these tips for preparing to purchase. They work for repeat buyers too. Please let me know how I can help.

03/26/2025

Lending environment is constantly changing. Today the Federal Housing Administration (FHA) published news letter 2025-09 and Title I Letter TIL-490 that revises residency requirements to align with executive orders. This means "Non-permanent Residents" (DACA) will be removed from eligibility for an FHA-insurance mortgage on case numbers assigned on or after May 25, 2025. Thus, if you are affected by these changes, or know anyone who is, now is the time for action if you are considering purchasing a home and need the FHA loan program.

I am available to chat 503-409-5421.

03/10/2025

Umpqua Bank is excited to offer a new down payment assistance program! We know it's hard to save for your first home. Let Umpqua help. Contact me today for more information.

03/02/2025

Are you ready to buy your first home and have questions?

Am excited to announce that I am holding a first time home buyers class on March 11, 2025 at 7 PM. We will be walking through the home buyer process in a relaxed pace and you are encouraged to ask questions along the way. Will be held at the Umpqua Bank in downtown Salem (550 Center Street NE, Salem, OR 97301).

Christy Cordova will be sharing her experience with the real estate portion.

We look forward to seeing you there.

Thanks,

02/28/2025

Trigger leads can be very frustrating to deal with. In case you are unfamiliar with this term, these take place unexpectedly when someone applies for a service or loan. The credit bureau's are permitted to sell contact information to other service providers which causes unsolicited calls or emails. If you are planning on having credit pulled, you may want to opt out by using the following link https://www.optoutprescreen.com/
it may not stop all the calls. However, it should help. Advise opting out at least 5 days prior to having a credit inquiry.

Your can also be placed on the "do not call" list. The following link will allow you to register.
https://www.donotcall.gov/ Note: solicitors typically overlook this list because in general you opened the door by having your credit pulled. Even though it was a private conversation between you and the person helping.

Hopefully, you will take the time to consider these options.

is the official Consumer Credit Reporting Industry website to accept and process requests from consumers to Opt-In or Opt-Out of firm offers of credit or insurance.

01/24/2025

Thinking about your next home or even your first? Statistics class 101 demonstrates there are more than one way to look information. Not all situations are the same, if you would like to sit down and go over options, let me know.

503-409-5421

01/24/2025

The tamer December CPI report was a massive relief for the bond and stock market. The yield on the 10-year US Treasury Bond dropped from 4.80% to 4.60% (a huge move in that market) and average 30-year mortgage rates declined from 7.25% to around 7.10%. That said, the market still overwhelmingly expects NO CUT at the Federal Reserve's Jan 29 meeting.

01/23/2025

Whether you’re dreaming of a future home 🏡 or ready to refresh the one you already own, the Sherwin-Williams 2025 Color Capsule is full of inspiration! 🎨✨ From cozy neutrals to bold pops of color, these shades are perfect for creating a space that’s uniquely you. If a new home is in your future, let’s talk about how I can help you get preapproved and bring that dream closer to reality!

01/21/2025

Owning a home should bring joy, not financial stress! 🏡✨ Planning smart is the key to staying comfortable and prepared for the unexpected. From setting a realistic budget to keeping a rainy-day fund, I’m here to help you navigate your homebuying journey with confidence. Have questions about what you can comfortably afford? Let’s connect and create a plan that fits your goals!

01/17/2025

Dreaming of homeownership but worried about saving a big down payment? 🏡✨ Good news: you may not need 20%! There are options with lower down payments that could make your path to a new home even closer than you think. Plus, acting now might help you lock in a lower rate. Ready to explore your options? Let’s connect and start planning your next steps!