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Best Oregon Mortgage Lenders of 2018

Finding the Right Mortgage, Mortgages
At NerdWallet, we adhere to strict standards of editorial integrity to help you make decisions with confidence. Some of the products we feature are from our partners. Here’s how we make money.
We adhere to strict standards of editorial integrity. Some of the products we feature are from our partners. Here’s how we make money.

NerdWallet offers financial tools and advice to help you understand your options and make the best possible decisions. The guidance we offer and information we provide are deeply researched, objective and independent.

We spent over 400 hours reviewing the top mortgage lenders before selecting the best for our readers. We’ve picked at least two lenders in several "best of" categories to help you find a lender that meets your needs.


If you’re looking to buy a home or refinance in Oregon, from its rainy coast to its high desert areas, we’ve done the research. We’ve identified some of the best mortgage lenders for your needs.

Whether you need to make a small down payment, are a first-time home buyer, seek a lender that doesn’t mind a low credit score, prefer an online lender, or want to borrow against your home’s equity, these mortgage lenders can help.

Best Oregon mortgage lenders for low down payments

With home prices rising fast in Oregon, many buyers are trying to get in with little money down. These lenders are suited to borrowers who need to make low down payments.

  • Loan officers are familiar with state programs for buyers who need a low down payment
  • Loans for newly minted professionals offer low or no down payments with no mortgage insurance
  • Embraces low down payment home loans backed by the FHA and USDA
  • Flagstar Bank review
  • Affordable Loan Solution mortgage allows a 3% down payment with no mortgage insurance for qualified borrowers
  • Offers low down payment FHA and VA loans
  • Accepts alternative credit data, such as records of utility and rental payments
  • Bank of America review

Best Oregon mortgage lenders for first-time home buyers

When buying your first home, you want a lender to treat you with care. These Oregon lenders are helpful to first-time home buyers.

  • The online loan-choosing tool, CitiMortgage Selector, gives estimated loan costs before you apply
  • Some loan programs allow nontraditional credit data, such as a record of paying rent on time
  • Offers FHA and VA loans, among other low down payment mortgage programs
  • CitiMortgage review
Guild Mortgage
  • Focuses on first-time home buyers
  • Much of its business comes from FHA and VA loans, which allow small down payments
  • Specializes in helping borrowers make use of state home buying programs
  • Guild Mortgage review

Best Oregon mortgage lenders for low credit scores

Don’t have the best credit? These Oregon mortgage lenders won’t judge you for a low credit score; they’ll look for a way to get you into a home.

  • Uses manual underwriting to evaluate borrowers, allowing flexibility to approve loans
  • Offers FHA loans with a minimum credit score of 580 for qualified borrowers
  • Supports VA loans, which have flexible underwriting
  • New American Funding review
  • Offers FHA and VA loans with minimum credit scores of 580
  • Conventional loans have a 620 minimum credit score
  • Uses alternative credit scoring for some loans
  • J.G. Wentworth review

Best online mortgage lenders in Oregon

If you want to apply for and track a mortgage with minimal personal interaction, these lenders will appeal to you.

Rocket Mortgage
  • Offers complete online service for application and loan tracking
  • About 60% of American workers are able to import income and employment information directly
  • Mobile app lets you apply for and track the loan on your device
  • Rocket Mortgage review
  • You may submit documentation electronically after making an application
  • Access the account via desktop, phone or tablet
  • Ability to sign disclosures electronically
  • Pennymac Loan Services review

Best Oregon lenders for home equity lines of credit

A home equity line of credit gives you a way to borrow against your home’s equity to pay for home improvements or other expenses. These lenders offer HELOCs.

  • Offers a discount introductory rate for six months
  • No application fees or closing costs
  • Checking account customers get lowest interest rate
  • U.S. Bank review
  • Interest rate discounts for Chase checking customers
  • Doesn’t charge closing or application fees; does charge $50 origination fee and $50 annual fee
  • Apply a fixed interest rate to all or some of the balance
  • Chase Mortgage review

Best Oregon mortgage lenders: summary

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NerdWallet’s selection of mortgage lenders for inclusion here was made based on our evaluation of the products and services that lenders offer to consumers who are actively shopping for the best mortgage. The six key areas we evaluated include the loan types and loan products offered, online capabilities, online mortgage rate information, customer service and the number of complaints filed with the Consumer Financial Protection Bureau as a percentage of loans issued. We also awarded lenders up to one bonus star for a unique program or borrower focus that set them apart from other lenders. To ensure consistency, our ratings are reviewed by multiple people on the NerdWallet Mortgages team.