3.75% Fixed | APR 4.791%
For homebuyers looking to purchase a home for more than the conventional conforming loan limit of $453,100, a jumbo loan might be the right option for you. While these loans have strict guidelines, like excellent credit history, 12 months’ worth of reserves on hand, and a low debt-to-income ratio, jumbo mortgages may be the best loan option for qualified Portland homebuyers looking to purchase a primary residence, second home, vacation home, or investment property. With Portland home prices well above the national average, many Portland homebuyers can qualify for a fixed or adjustable rate jumbo mortgage.
At Golden Oak Lending, our personal loan officers are specialists in jumbo home loans and fully understand the requirements for this loan. With many years of experience with jumbo loans in Portland, our mortgage specialists will personally walk you through the jumbo loan application process from underwriting to closing and answer any questions you have. Golden Oak Lending Portland offers you an incredible low rate, which will save you money, even with the substantial up-front cash requirements of a jumbo loan. Qualified homebuyers can take advantage of the slowing growth in more expensive Portland housing markets and today’s low interest rates when applying for a jumbo loan. Call our local Portland office to learn how you can secure your dream home today!