Conventional Purchase Loans
A conventional home loan is one of the most popular ways to finance your home in Oregon. With as little as 5% down, you can purchase a home. Conventional mortgage loans have a variety of options from 10, 15, 20, 25 and 30 -year fixed rate terms and never have a pre-payment penalty. Conventional loans are more credit score sensitive than a FHA loan. For people with credit scores of 680 of higher this is a great product to consider.