Loan Programs

Lending Options To Meet Your Goals

Northwestern Home Loans is an industry leader, offering innovative mortgage products and rates. Our commitment to training and education allows us to be the experts for any loan scenario. Below you will find a list of the available loan products we offer. Please let us know if you do not see the product you are looking for as we strive to be your one stop shop for all your mortgage needs.

USDA (100% LTV)

A fixed loan available with 100% loan to value. No monthly mortgage insurance is required and the rates are comparable to a conventional fixed product. This loan is designed for people that do not own another home, but some exceptions can be made for relocations. Must be the primary residence.

VA (100% LTV)

Fixed and ARM options available with 100% loan to value and monthly mortgage insurance. Veterans that receive VA disability benefits qualify for a reduction in cost. Rates are comparable to a conventional fixed product. This loan is available when purchasing or refinancing, but must be the primary residence. You are allowed to own other homes and Federal and State of Oregon programs are available.

FHA (96.5% LTV)

Fixed and ARM options available for a purchase or refinance. You must be the primary residence, but owning other homes is allowed. Interest rates are comparable to fixed programs. Low credit scores, high debt to income ratios, 2 years from bankruptcy, 3 years from foreclosure/short sale and co-signers allowed.


Fixed, ARM and interest only options available. Various down payment options available on primary home, 2nd home and investment property.


Fixed and ARM options available for a purchase or refinance. Call for more details.


FHA or Conventional loans available with fixed only rates. The home must be double-wide and must be 1976 or newer.


A conventional loan with a standard down payment. Properties eligible for Fannie Mae Homepath financing could need a lower down payment.



Call for details.


Call for details.

Reverse Mortgage

A “Reverse Mortgage” is a special type of loan for senior homeowners (generally over 62) that allows them to defer principal and interest payments to the end of the loan… which is usually when the home is sold, or it is no longer the primary residence of the last borrower.

These loans can significantly reduce monthly cash outflow by eliminating the need to make a mortgage payment, , but they can also feature a line of credit that actually grows each year. Proceeds from the initial loan or from the line of credit can be sued for any reason.

To learn more and get a free book about Reverse Mortgages

Thinking About Purchasing or Refinancing?

Our team of loan experts has the local knowledge, innovative loan programs and experience to help you obtain suitable home financing. Northwestern Home Loans is dedicated to providing clients with an array of lending options to meet and exceed their expectations when purchasing or refinancing their home. We look forward to helping you.

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