The Best Mortgage Lenders in Fairview, OR
Compare verified mortgage lenders serving Fairview, Oregon. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Fairview
Featured Mortgage Lenders
OnPoint Community Credit Union
OnPoint Community Credit Union
OnPoint Community Credit Union is one of Oregon's most highly-rated mortgage lenders with exceptional customer satisfaction ratings. As a member-owned financial institution, they offer competitive rates and personalized service to the Fairview community. With over 86 years of operation, they have deep roots in the Portland metro area and specialize in first-time homebuyer programs, low-down-payment options, and various loan products. Their local branch network and dedicated mortgage specialists provide comprehensive guidance throughout the home financing process.
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Unitus Community Credit Union
Unitus Community Credit Union
Unitus Community Credit Union has been serving the Portland metropolitan area including Fairview for over eight decades with outstanding mortgage services. They consistently receive high marks for their competitive rates, transparent process, and exceptional member service. As a community-focused lender, they offer specialized programs for first-time homebuyers and various government-backed loans. Their mortgage team provides personalized consultations and they have a strong reputation for smooth closings and responsive communication throughout the loan process.
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Pacific Residential Mortgage
Pacific Residential Mortgage, LLC
Pacific Residential Mortgage is a highly-rated regional mortgage broker with extensive experience serving the Fairview and greater Portland area. They excel at finding competitive rates and ideal loan products for each borrower's unique situation. With nearly 25 years in business, they've built a reputation for exceptional customer service, expert guidance, and efficient loan processing. Their team of experienced loan officers provides personalized attention and they offer a comprehensive range of loan options including specialized programs for various financial situations and property types.
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Frequently Asked Questions
Common questions about mortgage lending in Fairview, OR
What are the current mortgage rates like in Fairview, OR, and how do they compare to the Portland metro area?
Mortgage rates in Fairview are generally aligned with national and regional averages, but can be slightly influenced by local lender competition. As a suburb within the Portland-Vancouver-Hillsboro MSA, rates are very competitive with those in Portland proper. It's advisable to compare offers from local credit unions, like OnPoint or Unitus, alongside national lenders, as they often have strong community programs.
Are there any down payment assistance programs specifically for buyers in Fairview?
Yes, Fairview homebuyers can access statewide and county-specific programs. The Oregon Bond Residential Loan Program (with Oregon Cash Advantage) is popular for first-time buyers, offering competitive rates and down payment assistance. Additionally, buyers should explore the "Welcome Home" program from the Oregon Housing and Community Services (OHCS), which is available in Multnomah County, including Fairview.
How does Fairview's proximity to the Columbia River and flood zones affect the mortgage process?
Properties in certain areas of Fairview may be in a FEMA-designated flood zone, which can impact your mortgage. Lenders will require a flood certification, and if the home is in a high-risk zone, you will need to purchase flood insurance as a condition of the loan. This is an essential cost to factor into your budget, and your real estate agent should help identify these zones early.
What should I know about property taxes and insurance when budgeting for a mortgage in Fairview?
Fairview is in Multnomah County, which has relatively high property tax rates. Your monthly mortgage payment will include an escrow for these taxes, so budget accordingly. Homeowners insurance in Fairview is typically in line with regional averages, but obtaining quotes early is key, as insurers consider the area's weather and proximity to the river in their risk assessments.
Are there special mortgage considerations for buying a home in one of Fairview's newer developments versus an older neighborhood?
Yes, there is a distinction. For newer construction in developments like Fairview Village, lenders may have specific appraisal and inspection requirements, and the builder might have preferred lenders offering incentives. For older homes, more common in established neighborhoods, lenders will pay close attention to the home's condition and may require repairs for older roofs or systems before loan approval.
Why Choose a Mortgage Lender in Fairview?
Local Market Knowledge
Lenders who understand Fairview'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 Fairview and get competitive rates on your home loan.