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We strive to provide you with a professional and personable team that is committed to helping you obtain home financing that fits your needs. Exceeding your expectations through our array of lending options, competitive rates and outstanding customer service is our number one goal. We understand that your loan is important to your financial future, which is why we work with you to determine a suitable type of mortgage product to fit your personalized needs. Programs specifically designed to assist those buying for the first time, offering low down payments, grant funds, tax credits and subsidized interest rates.
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.
WITH people friendly Lenders.
This program is tailored to customers who may not qualify for a conventional loan, but are otherwise creditworthy. Whether it’s a unique property, excessive acreage, or challenges with documentation, our Home Loan experts are available to help you accomplish your goals. Private mortgage insurance required with less than 20% down payment. As an loan industry leader, we offer competitive mortgage products and interest rates to our clients. If you plan on making major purchases or tackling big projects over time, a Northwest home equity line of credit, featuring a competitive variable rate, can be there when you need it.
In partnership with Fannie Mae®, Northwest offers HomeReady®. This is an affordable, low down payment mortgage program designed for creditworthy low-income borrowers. We have loan programs designed for first time homebuyers and those who have limited funds for a down payment. Our lending is concentrated on mortgage loans greater than $20 million to more than $500 million for large portfolio deals secured by general purpose income property. Finding the perfect home should be the hard part of your home buying experience.
MORTGAGE CALCULATOR
Rates, terms, programs and underwriting policies subject to change without notice. This is not an offer to extend credit or a commitment to lend. Some products may not be available in all states and restrictions apply.
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.
Find the Right Type of Home Loan For You:
Low down payment options for home purchase or refinance transactions – as low as 3% for purchase transactions. Flexible sources of funding for down payment and closing costs – with no minimum contribution from borrower’s own funds. Monthly mortgage insurance can be dropped when your loan balance reaches 80% of the original value of your home.
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.
strength as an institutional mortgage lender speaks for itself.
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.
We have loan programs designed for the heroes within our communities like active military members, veterans, police officers, fire fighters, and EMTs. Options include one single closing, covering both the construction phase and permanent financing. Save on closing costs and secure the interest rate before starting construction. Down payment as little as 0% based on credit score and other qualifying information. Down payment as little as 5% based on credit score and other qualifying information. Down payment as little as 10% based on credit score and other qualifying information.
Upfront or monthly mortgage insurance options available. Homeownership education is required for at least one qualifying borrower, if all borrowers are first-time homebuyers. Private mortgage insurance required with less than 10% down payment. With an FHA loan, you can secure a home with as little as 3.5% down. The Federal Housing Administration helps make homeownership a reality with flexible down payment options and no income restrictions. The United States Department of Agriculture offers home loans for borrowers living in rural areas.
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.
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