FHA vs. Conventional? Looking for lenders near Portland

Please contact Jeff Hendrickson at 360-518-4448. He is a mortgage lender with American Pacific Mortgage and in your area.Thank you.

Hello, I am licensed for loans in OR. Working on a cabin loan right now for a client near Mt. Hood. Happy to help answer questions and give you the break down on FHA vs. Conv and what loan works for you. facebook.com/joshlundmortgage or www.joshlundmortgage.com -jlund@goldstarfinancial.com

I am located in Tigard, and would be happy to speak with you. Dave Metsker, 503-620-2239.

Good afternoon. Please feel free to contact Jim Hungerford AVP Umpqua Bank Home Lending at 971.544.3872 or jimhungerford@umpquabank.com. We are a full service home lender and would be happy to compare the two products

Hello Sebastian -- though I don't lend in Oregon -- our sister office Bay Equity in Lake Oswego, 503-914-7732 can help you.Basically the differences between the FHA and Conventional will be the required down payment: FHA - 3.5%, Conventional - 5%; and the mortgage insurance, where FHA has upfront fee and continuing monthly fee, and the conventional only has the continuing fee which may be slightly lower than the FHA continuing. If the FHA is not set up with FHA loan number before June 2, then the continuing mortgage insurance fee will indeed be continuing, for as long as you have the loan.

Sebastian, go to Find a Lender tab and input your zip code......that should give you some local lenders here on Lender411 that can answer all your questions.

We have a 97% Conventional with NO mortgage insurance. it is all about the "Right loan, for the right person, at the right time in their lives." Click on my profile to the left, and drop me an email - let's chat offline. I am happy to "compare & contrast" the FHA to the Conventional loan programs for you. Thanks...Jeff