Excited to buy a home in Oregon? Get started now, before you begin your home search in Portland or other major cities. Sammamish Mortgage can help you get preapproved with our easy, comprehensive loan application process. Do it yourself with our online mortgage application, or ask a Loan Officer for help at any phase of the process.
Oregon Mortgage Rates
Mortgage rates in Oregon depend on a few different parameters:
Looking for the most affordable mortgage rate? Working with the right mortgage company can help you save thousands. While it can be tempting to just go to your community credit union, they won’t be able to give you as many options. Likewise, avoid “mortgage brokers” and look for a full service lender. Preferably, choose a mortgage bank that has a team of highly experienced Loan Officers. You want the most effective advice on the right mortgage for you, not just the biggest loan.
Oregon Home Loan Programs
Oregon borrowers have plenty of real estate loan options. Check out these different types of popular loan programs and compare details:
30-year fixed rate conventional loans make it easy for Oregon home buyers to afford a home, with low monthly mortgage loan payments in trade for more interest paid over the loan term.
Active service members, surviving military spouses, and veterans can all apply to get a VA loan. These are very attractive since you may not need a down payment.
A first-time home buyer can benefit from a FHA loan, especially if you need some flexibility to make up for low income, a low down payment, or a below average credit score.
Borrowers living in a pricey zip code can benefit from a jumbo loan that can get around conventional loan limits and help you purchase a home in the nice location.
No Obligation and transparency 24/7. Instantly compare live rates and costs from our network of lenders across the country. Real-time accurate rates and closing costs for a variety of loan programs custom to your specific situation.
