The Best Mortgage Lenders in Arlington, OR
Compare verified mortgage lenders serving Arlington, Oregon. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Arlington
Featured Mortgage Lenders
Lender 1
Lender 1
Top-rated mortgage lender serving Arlington, Oregon.
Loan Types:
Mortgage Department
Unitus Community Credit Union
Unitus Community Credit Union stands out as one of Oregon's most highly-rated mortgage lenders with extensive experience serving rural communities throughout the state. They have particular expertise with USDA rural development loans, which are highly relevant for Arlington homebuyers. Their mortgage team receives exceptional reviews for personalized service, competitive rates, and guiding borrowers through the entire process. As a community-focused institution with digital capabilities, they effectively serve Eastern Oregon residents remotely while maintaining strong local understanding of rural property markets.
Loan Types:
Mortgage Team
Columbia River Mortgage
Columbia River Mortgage is an Eastern Oregon-based mortgage broker with deep roots in serving rural communities throughout the region. Located in nearby Pendleton, they have specific expertise with agricultural properties, rural land, and the unique mortgage needs of Eastern Oregon residents. Their team receives outstanding reviews for their knowledge of local property values, responsive communication, and ability to secure competitive financing for challenging rural properties. They have established relationships with multiple lenders to ensure Arlington homebuyers receive optimal loan terms and specialized service.
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Frequently Asked Questions
Common questions about mortgage lending in Arlington, OR
What are the typical down payment requirements for buying a home in Arlington, given its rural market?
In Arlington's more affordable market, many conventional loans are available with down payments as low as 3-5%. For buyers looking at rural properties, USDA loans are a popular option as they offer 100% financing with no down payment, provided the property and buyer's income meet the program's eligibility requirements for this designated rural area.
Are there any local or state-specific first-time homebuyer programs that can help with a purchase in Arlington?
Yes, the Oregon Bond Residential Loan Program (aka "Oregon Bond") is a key resource. This program offers competitive interest rates and down payment assistance for first-time buyers (or those who haven't owned in three years) in Arlington. It can be combined with other loan types to make homeownership more accessible in Gilliam County.
How does the appraisal process work for unique or agricultural properties in the Arlington area?
Appraising rural and unique properties in Arlington requires an appraiser with specific expertise in agricultural or non-standard homes. Lenders will seek an appraiser familiar with the local market, who can properly value land, outbuildings, and water rights, which are common considerations here. This can sometimes take longer than in urban markets.
What should I know about property taxes and insurance when calculating my mortgage payment in Arlington?
Property taxes in Gilliam County are generally lower than the Oregon state average, which positively impacts your monthly payment. However, you should budget for potentially higher homeowners insurance premiums due to the rural setting, which can include factors like distance from a fire station and the increased risk of wildfire in the surrounding grasslands.
How do lenders view income for self-employed individuals or those in agriculture when applying for a mortgage in Arlington?
Lenders are accustomed to working with self-employed, farm, and ranch income in this area. You will typically need to provide two years of complete federal tax returns (with all schedules) to document stable income. They will average your net income, so consistent earnings are key, even if they fluctuate seasonally.
Why Choose a Mortgage Lender in Arlington?
Local Market Knowledge
Lenders who understand Arlington's housing market can offer better guidance and competitive rates.
Multiple Loan Options
Access to conventional, FHA, VA, USDA, and jumbo loans tailored to your financial situation.
Proven Track Record
Work with lenders who have years of experience and hundreds of satisfied customers in Oregon.
Ready to Find Your Perfect Mortgage Lender?
Connect with top-rated mortgage professionals in Arlington and get competitive rates on your home loan.