ALL YOUR MORTGAGE SOLUTIONS UNDER ONE ROOF

Loan Products

Please contact us to determine which loan is right for you

CONVENTIONAL | CONFORMING LOANS

Purchase, investment, & 2nd home

Rehab

Loans under $484,350

As low as 3% down

Reduced private mortgage insurance

Competitive rates

With 5 years self-employment – Only 1 year recent tax returns required

FHA LOANS

Lower standard interest rates

3.5% down payment

Gift funds allowed

FICO down to 580

Manufactured homes

JUMBO LOANS

Loans above $484,350

Starting at 5% down

No private mortgage insurance

Reduced reserve requirements after closing

JUMBO LOANS WITH 1ST-2ND COMBO LIEN

No reserves required for the primary residence as the subject property 

All-gift down payment for primary and second home transactions

Flexibility of Fannie Mae and Freddie Mac guidelines on your first mortgage

Up to 89.99 LTV/CLTV jumbo loan amounts with one submission package

FHA RENOVATION LOANS

Standard: intended for more complex projects that involve structural changes to the home

This option is used if engineering or architectural drawings and inspections are required.

Repair amounts — minimum $5,000 — no maximum 

Limited: designed for less expensive improvements that do not require a consultant, architect or engineer.

Repair amounts — No minimum – maximum — $35,000

VA LOANS

Veterans, military members currently serving in the U.S. military, reservists and select surviving spouses

No down payments (unless the purchase price exceeds the reasonable value of the property)

No private mortgage insurance

Competitive interest rates 

USDA LOANS

No down payment required

Use gift funds from family or non-family members to pay for closing cost

Not limited to first-time homebuyers

Income and geographic restrictions apply

BANK STATEMENT LOANS

Borrowers with good cash-flow that may have high expenses or tax write-offs

12-24 month bank statements

No tax returns needed

HOME EQUITY LINES OF CREDIT

Tap into available home equity

Interest only repayments

Flexible terms

STATED INCOME LOANS (INVESTMENT PROPERTY)

No income documents required

Cash flow using net rent on investment property

REVERSE MORTGAGES

Access to the unencumbered value of the property

Line or fixed loan available

Must be 62 years of age or older 

Take funds in a lump sum, line of credit or via structured monthly payments

DOCTOR | PHYSICIAN LOANS

Student loan payments in deferment or forbearance may be excluded from the debt-to-income ratio

Medical doctor or dentist in a medical residency program and/or medical clinical fellowship program

Contact us for more information or to apply for a loan

CONTACT

PORTLAND

1834 SW 58th Ave

Suite 104

Portland, OR 97221

Office: 503-222-6404

Fax: 503-296-5574

EUGENE

74 E 18th Ave #2

Eugene, OR 97401

Office: 541-485-3000 Fax: 541-485-0976

American Home Funding: A Division of Chelgren & Associates Inc.

NMLS# 278408

Equal Housing Lender – NMLS Consumer Access

© 2019 American Home Funding | Site Design by Local Hero Media

Close Menu