Oregon mortgage lenders offer low rate home purchase loans, second mortgages and mortgage refinancing with fixed or variable rates. Borrowers with little or no money down can finance a new home with FHA or My Community home loans sponsored by Fannie Mae.

Our Oregon refinance lenders provide low rate loan incentives to residents living in the Pacific North-West with good and bad credit.

Oregon residents can utilize state incentives and qualify for reduced rates for purchase loans, second mortgages, refinancing, and debt consolidation loans. Borrowers are given many mortgage rate options with fixed rate, interest only and option ARMs that feature a 1.25% start rate with negative amortization.

First Mortgage Loans to 100%: Fixed rates and fixed monthly payments. Includes additional options for lower monthly payments or lower interest rates, and potential tax savings. --- Jumbo Home Loans up to $2,000,000 

Second Mortgages to 125%: Equity Loans up to $500,000 and No Equity Loans to $150,000.

Lock your rate before the interest rates rise!

Local Underwriting Tips from the Mortgage Pros: "LTV = Loan to Value and in layman terms it means your 1st mortgage divided by the value of your home." - A. Taylor, Oregon Mortgage Lender at Fast Mortgages inc.

**Special Incentive for Oregon Homeowners Taking Out Second Mortgages Online**

We are extending special mortgage incentives to Oregon homeowners who are interested in taking out a home equity or 2nd mortgage loan, behind their existing mortgage. Nationwide is excited to offer residents in the Pacific Northwest a Free statistical appraisal with every completed loan application.

When applicants complete the mortgage request form online you will be contacted by one of our seasoned loan officers who will help you complete the loan application. You will learn about the current home equity programs and fully understand your options for cash out, rate and term refinancing and financing home repairs.

Oregon Home Market Slips but Interest Rates Remain Low
Oregon homes sales slipping since last year

The latest figures from the National Association of Realtors shows sales in the state have dropped 12% since 2005.

First quarter sales checked in at 8,608 for the state. Second quarter figures showed up slightly lower at 8,590.

"Based on the statistics we're seeing when pulling together Market Action, it looks like the Portland Metro area's Average Sale Price is still strong despite the fact that Inventory rose slightly in August compared to July," says Natalie Middleton from the Oregon Multiple Listing Service. "Due to the fact that new listings are continuing to creep up and the number of closed sales and pending sales are still declining when compared to August 2005, the 10,544 active residential listings at month's end would last approximately 3.6 months if no other listings were added to the market. However, in all we've actually had more closed sales year-to-date in 2006 than 2004, which was another record breaking year."

Rising interest rates have challenged several markets in the country. The Federal Reserve has pushed interest rates up almost one point since the first of the year. Mortgage rates climbed steadily from January until June, when the rates started to drop and home sales and prices followed suit.

The Oregon mortgage and home equity market is competitive. This is good news to home buyers who need a mortgage and to home buyers that want to refinance their mortgages. Search our list of local mortgage lenders. It allows you to compare mortgages and research your loan options on your own. Our mortgage lenders and mortgage brokers compete for your loan, whether you need a conforming loan, balloon loan, jumbo loan, government backed loan (VA or FHA) or any other type of loan. We advise you to contact more than one lender in order to get the lowest interest rates and the best mortgage solution possible. Just choose loan type to the left (no credit check). Get up to 4 free loan quotes from both trusted lenders & brokers in your area and trusted national mortgage companies.

>> Updated Oregon State Lending Laws - Find out the latest on state financing legislation and legal changes related to home loans in Oregon.
dfcs.oregon.gov/ml/ml_requirements_strengthened.html

>> Oregon State Recommended Debt Consolidation Agencies - Take a look at these agencies listed by the state for helping consumers manage debt.
cbs.state.or.us/external/dfcs/debt_consolidating_agencies.html

Nationwide offers 1st and 2nd mortgages secured against Oregon properties for refinancing, credit card consolidation and traditional rate and term loans to lower your monthly payment. 

Home Equity Loans for Oregon Homeowners - Home Equity Credit Lines and Second Mortgages

Oregon Home Purchase Loans - Check out our 100% Home financing with Interest Only, Fixed Rates and Negative Amortization.

Lock into great Second Mortgage Loan. Get a fixed interest rate with fixed monthly payments. Fixed Rate Second Mortgages for Oregon Applicants

Home mortgage loan products and services offered may not be available to residents in all states. Certain state restrictions may apply. For updated second mortgage program updates and current home equity loan rates please call Nationwide Mortgage Loans direct. For Adjustable rate mortgage loans APR calculations are based from the index & Lender based margins. All loan programs are subject to lending & underwriting approval. Unfortunately, not all loan applicants will be approved.