Nowadays, most persons have to contract a loan in order to be able to acquire the house of their dreams. If you have decided to buy a house and you need a loan to put your plan into practice, you should do your best to work with one of the top banks in portland oregon, which will provide a complete range of services and whose consultants will assist you every step of the way. With the help of the experienced advisors working for the oregon credit union, you can make a smart purchase and invest in a house that will become a home for you and your family.
Persons who are thinking about applying for a house loan should commence by becoming familiar with the various alternatives at their disposal: they can opt for a loan with a fixed rate, a loan with a variable rate or a mortgage loan for first-time buyers, depending on their needs. The fixed rate mortgage loan offered by the oregon credit union is ideal for persons who prefer the stability of a fixed rate and who do not want to worry all the time that their rates may go up and that they may risk not being able to pay them on time. Applicants must make a minimum down payment of 3% and can choose between a 15, 20 or 30 years’ fixed rate mortgage plan. This type of loan is suitable for persons who do not want to take useless risks.
The mortgage loan with variable rates is ideal for buyers who are looking for lower payments or who intend to move in the future. This type of loan can be contracted for a period of 3, 5 or 7 years and prospective buyers are required to make a minimum down payment of 3%. If you think that this type of loan may suit you, you should make an appointment with a loan officer and ask for additional information that may help you make the right decision. The loans for first-time buyers are the perfect choice for persons who are not familiar with the home buying process and who may need extra support in order to choose a house that meets their needs. This type of loan can be contracted for a 30 years’ period without a down payment and is the perfect option for young couples who have not been able to save money and who want to have a place of their own.
Refinancing is another option for customers who already have a mortgage loan and who have decided to move to a more spacious home or who want to obtain better interest rates and terms. If this is your case, you should make an appointment with a loan officer and tell him about your home loan mortgage needs and expectations. In order to benefit from a positive experience, you should seek the help of a friendly and knowledgeable loan officer working for one of the leading banks in portland oregon: he will do more than process your paperwork and give you a yes or no answer; he will offer you valuable advice and he will strive to find solutions that meet your unique needs. With the help of an experienced loan officer who puts his customers above everything else, you should be able to take the stress out of the home loan application process. In addition, you can rest assured that you will receive help every step of the way, from the moment you start the search for your dream house until you sign all the mortgage loan documents.
Resource box: At https://www.onpointcu.com/ oregon credit union , we welcome our customers with a comprehensive range of affordable banking solutions catered to meet their individual needs. If you are interested in collaborating with one of the most reputed https://www.onpointcu.com/ banks in portland oregon , you have come to the right place!