USDA loans offer homebuyers in eligible rural and suburban areas an affordable home loan with competitive fixed-rates and no down payment. Backed by the United States Department of Agriculture, USDA loans were originally intended as a rural development program but have now expanded to include many rural and suburban areas. These new, inclusive qualification guidelines allow even more Portland residents to purchase a home using a USDA loan.
USDA Loans with Golden Oak
Golden Oak Lending Oregon specializes in USDA loans, and our mortgage experts can help you determine if your home’s location qualifies you for a USDA loan. For eligible homebuyers, your personal loan officer will provide you with USDA loan options to suit your specific needs and goals. At Golden Oak Lending Oregon, we always offer you the best possible interest rate, and our streamlined procedures are designed to save you as much money as possible. With many years in the Oregon real estate market, our experienced and knowledgeable specialists know exactly how to quickly and efficiently secure you the best USDA loan. Call or contact Golden Oak Lending Portland today!
At Golden Oak Lending, from the underwriting to the closing, all of our processes are done in-house. An experienced Personal Loan Officer will be your advocate for getting you the assistance you need at the lowest possible rate. Your Personal Loan Officer is your sole point of contact for the entire process, so there is no need to retell your story multiple times to different individuals. You have the benefit of an experienced and qualified professional who will guide you through the process of finding and qualifying for the right loan that meets your specific needs.
Golden Oak Lending Oregon
4800 Meadows Road, Suite 135
Lake Oswego, OR 97035
Phone: (503) 455-4653
Hours of Operation
Monday - Thursday 8:30 am - 5:30 pm
Friday 8:30 am - 5:00 pm
Advantages of USDA Loans
- No Down Payment 100% of the home’s purchase price can be financed, making USDA loans a great option for Oregon homebuyers that do not have much cash on hand.
- Lower Income and Credit Requirements Because USDA loans were originally designed to help low and middle-income borrowers purchase a home, lower income Oregon homebuyers with a current, stable work history and a lower than average credit scores are still eligible for a USDA loan.
- Competitive Interest Rates and Fees Because these are government-backed loans, the interest rates for USDA loans may be lower than the typical 15- and 30-year mortgage terms. With affordable private mortgage insurance (PMI) and the option of including closing costs in the loan, USDA loans offer big financial savings and keep your cash requirements to a minimum.
Contact Us Today and See How We Can Save You Money!
Conventional Home Loans
"I can cover a down payment and am looking for a fixed rate mortgage loan."
"I currently own a home but would like to refinance my loan to improve my interest rate or adjust my mortgage terms."
"I currently own a home that has equity and would like to get cash out for updating my home or consolidating higher interest debt. (like credit cards)."
"I am interested in putting the minimum payment down on a home."
"I am looking to purchase a home and would like to shop with confidence based upon what I can afford."
"I am currently serving or have served in the U.S. military and wish to purchase a home with flexibility on down payment, mortgage insurance and credit score."
"I have excellent credit and am looking for a home loan option to help acquire a larger, more expensive home."
"I am looking to purchase a home in a rural area."
Home Equity Loan
"I have equity in my current home and would like to use its equity for larger purchases, home renovations or paying down higher interest debt."
New Home Loans
"I would like to purchase a new home and would like to learn about my borrowing options."