If you are considering using an investor loan to purchase properties in the Mt. Hood area of Brightwood, Welches, Rhododendron and Government Camp consider this, If your lender is selling their loan to Fannie Mae they are going to add on substantial fees to your loan after December 1st. Depending upon your downpayment, these fees could be anywhere from 3 to4% and maybe even greater. Some private mortgage insurers may stop insuring investor loans altogether.

So, if you are an investor you should find your property now and lock your rate in the next six weeks and close before December 1st to insure you don't get caught with higher fees or the inability to buy at all!