Mortgage Loan Options in Oregon & Washington
Mortgage loan options generally fall into several categories, including home purchase loans, mortgage refinancing, investment and specialized financing, and reverse mortgages. The appropriate financing strategy depends on factors such as your goals, financial profile, property type and how you plan to use the property.
Platinum Lending Solutions is an independent mortgage broker serving borrowers throughout Oregon and Washington. We work with multiple wholesale lenders rather than offering mortgage products from a single bank or lender, allowing us to evaluate available programs and help borrowers compare mortgage options based on their individual circumstances.
Explore the major mortgage categories below to learn more about the financing options that may be available to you.
Home Purchase Loans
Buying a home can involve several different mortgage options depending on your down payment, credit profile, property type, military eligibility and other financial considerations.
Our home purchase resources explain the major loan programs and decisions borrowers may encounter before and during the homebuying process.
Mortgage Refinancing
Refinancing replaces an existing mortgage with a new loan. Depending on your circumstances, homeowners may consider refinancing to change their loan terms, access home equity, remove or change certain mortgage features, or accomplish other financial goals.
Our refinancing resources explain the different types of refinances, potential costs and considerations involved in deciding whether refinancing makes sense.
Investment & Specialized Mortgage Financing
Investment properties and more complex financial situations may require financing strategies beyond a traditional owner-occupied mortgage.
Depending on the borrower, property and financing objective, options may include investment property loans, DSCR loans, construction financing and programs designed for borrowers with nontraditional income documentation.
Reverse Mortgages
A reverse mortgage allows eligible homeowners age 62 and older to access a portion of their home equity without requiring monthly principal and interest mortgage payments. Borrowers remain responsible for property taxes, homeowners insurance, property charges and maintaining the home.
Our reverse mortgage resources explain how these loans work, eligibility requirements, costs, potential uses and important considerations to understand before deciding whether a reverse mortgage fits your financial goals.
Not Sure Which Mortgage Option to Explore?
You don’t need to determine which mortgage program fits your situation before speaking with a mortgage professional.
Tell us what you’re trying to accomplish. We’ll help you understand the mortgage options that may be available and compare potential approaches based on your goals, financial profile and property.
