Table of Content
We aim to offer a variety of loan options with the personal service of a local company. Our goal is to provide the correct mortgage loan option for you, but also to make sure that it is a smooth experience. It is crucial to us that you understand every step of the process. Northwestern Home Loans has 2 convenient locations, in downtown Bend and in beautiful Sisters.
We’re here to tackle the tough parts for you, and to make the mortgage process transparent and easy. We’re always willing to go the extra mile to explain areas you don’t understand. We want to turn this nerve-wracking process into an easy and painless one. So sit back, relax, and let our team help you find the right mortgage for you and your finances.
WITH people friendly Lenders.
For example, a $150,000 loan for 30 years at 2.827% APR has a fixed monthly principal and interest payment of $613 for the life of the loan. This is based on a $187,500 purchase/appraised value with a 740 and above FICO® score. Estimated escrow payments for items such as property taxes/homeowner’s insurance/HOA fees are not included in the monthly principal and interest payment. No private mortgage insurance required, reducing your monthly payments. All information contained herein is for informational purposes only and, while every effort has been made to insure accuracy, no guarantee is expressed or implied. Any programs shown do not demonstrate all options or pricing structures.
Northwestern Mutual Real Estate looks for financing opportunities among a diverse group of property types. Northwestern Mutual Real Estate values long lasting relationships and works to flexibly and effectively meet borrower needs through in-house appraisal, legal, closing and servicing . Home equity loans and lines of credit from Northwest can help you make it happen with low interest, predictable monthly payments and a fast, simple process. Helping you tap into your home’s value is just one way we’re increasing the value of you. The Veterans Administration has created a loan program which offers 100% financing, flexible credit requirements, and no income restrictions.
Your Mortgage Team
We seek opportunities to invest in real estate equities directly through acquisitions, fee developments and joint venture development. Trust, fiduciary, employee benefit plans and retirement services are offered through Northwest Bank’s Trust Department. At least one borrower must be a qualifying first-time homebuyer . The normal PMI requirement on mortgages is waived through this program. An up front USDA Guarentee Fee, plus an annual fee are required. Perfect if you're looking to buy a single-family home, owner-occupied primary residence, second home, or investment property.
Fixed-rate and adjustable-rate mortgages available. Northwestern Home Loans provides clients with an array of lending options to meet and exceed their expectations when purchasing or refinancing their next Central Oregon home. With more than 150 years of experience and a portfolio of over $45 billion1, NMRE’s strength as an institutional mortgage lender speaks for itself.
Real Estate Investment Expertise
Generally a lower initial rate fixed for a designated period of time. Interest rate may fluctuate throughout the remainder of the loan term. Down payment as little as 10%, based on credit score and other qualifying information. Down payment as little as 5%, based on credit score and other qualifying information. Loans designed for those wanting to purchase a new home, by using equity in their current home to complete the purchase before selling. The Homeowner Assistance Fund is a federal program that helps homeowners who are behind on their mortgages and other housing-related expenses due to the impacts of COVID-19.
Looking to build the home of your dreams or renovate your current home? We've designed one of the most respected construction loans in the market to accommodate the needs of both you and your builder. Programs, rates, terms and conditions are subject to change without notice. Contact one of our lenders for more information and options on how we can meet your unique loan request.
Northwest offers a variety of loans to address your unique needs and financial qualifications. Find the right mortgage fit for you in the chart below. We’ve optimized our mortgage loan application process to save you time and effort. Just answer a few quick questions and get pre-qualified, so you can spend more time buying . Northwest customers having problems paying their mortgage due to reduced income or other financial hardships may qualify for one or more of the programs we offer.
The $60+ billion1 real estate investment portfolio is composed of approximately 80 percent fixed income and 20 percent equity investments. Northwestern Mutual Real Estate is a financing source that provides experienced and knowledgeable people, quick and decisive action and flexible, creative solutions. At Northwest Bank, we offer a wide variety of competitive home loans designed to meet your unique needs. Whether you’re buying a new home, refinancing your current home, or need to access your home’s equity, we have you covered. Through a partnership with Freddie Mac, Northwest offers the HomeOne® loan program, featuring low down payments on purchases and high loan-to-value refinance options. You now have more options than ever when it comes to finding the right loan for your home.
With a fixed-rate home loan, your interest rate remains the same for the life of the loan. The payment is split into equal monthly payments for the duration of the loan. With a Northwest home equity loan, tap into the value of your home with minimal closing costs and a speedy process. Whether you're looking to refinance a current loan, consolidate debt, or take cash out, a fixed-term home equity loan can help.
Only deposit products offered by Northwest Bank are Member FDIC. Equal Housing Lender. Can be dropped when your loan balance is 80% of the original value of your home. At Northwestern Home Loans, we believe that everyone deserves an amazing home lending experience. Here’s what just a handful of our clients have to say about their experience in working with us. Our commitment to training and education allows us to help our customers with any loan scenario.
Treasury Department and administered by the states, territories and tribes. We want to take care of the people who help take care of us. To say thanks, we’ve created a loan program available to physicians and residents with certain medical designations. Ability to finance the up front VA funding fee reducing your closing costs. Ability to finance the up front USDA Guarantee fee, reducing your closing costs.
No comments:
Post a Comment