Oregon Reverse Mortgage Companies
Oregon is home to quite a bit of seniors. The cooler climate is one of the reason why almost 20% of the population is 65 or older in the state. Of the 65 and older population, about 3/4 of them own their own homes. The previous fact helps put Oregon as a popular state for reverse mortgages as far as percentages. Reverse mortgage may not be the right option for everyone but can be a useful took if understood and used as a last resort. Experts recommend that reverse mortgage loans should only be considered if you are almost certain that you will stay in the home for at least 5-10 years, if not longer.Reverse Mortgage Requirements
Those looking to qualify for a Oregon home reverse mortgage will be glad to hear that credit scores and income are not used when applying for a reverse mortgage at this point. The government is considering changing requirements shortly to factor in the ability to pay property taxes and insurance as part of the requirements.- Property must be the primary residence
- Youngest borrower must be 62 years or older
- Senior must complete a HUD approved reverse mortgage/HECM course.
Reverse Mortgage Lenders in OR
Reverse Mortgage Lenders | |
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Connect with a Reverse Mortgage LenderWe can help select a lender specific for you.Don't stress about figuring out which lender to contact. We've helped thousands of folks connect to a lender. We can automatically select a licensed Oregon lender based on your situtation.
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Reverse Mortgage SolutionsOregon
Talk to a reverse mortgage advisor today: (800)988-2830
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Urban Financial GroupOregon
urbanfinancialgroup.com
Owned by Knight Capital Group, Urban Financial is one of the largest reverse mortgage lenders in Oregon.
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Security 1 LendingOregon
One of the most well known national reverse mortgage lender in Oregon. They provide top-notch quality service.
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Axia Financial, LLCColby Keener
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First Priority FinancialJack Tenold
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Genworth Financial Home Equity Access, Inc.Hank Rhoads
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Greenleaf Financial, LLCLynn Wertzler
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HomeStreet BankMitch Lambley
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National Reverse Mortgage LenderGreat rates and low fees from a licensed reverse mortgage lender in your state.
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