Oregon Department of Veterans' Affairs program pricing change

Effective immediately the Oregon Department of Veterans’ Affairs (ODVA) has increased the available interest rate options for 15 to 30 year fixed rate ORVET home purchase loans.

Even though rates have increased, the ODVA program is still a very competitively priced option for Oregon veterans.

·       3.99% on 30yr fixed rate with NO origination fee.

APR of 4.003% if $400,000 sales price and 20% down ($80,000)

·       3.75% on 30yr fixed rate with an origination fee of 1.375%.

APR of 3.876% if $400,000 sales price and 20% down ($80,000)

·       3.25% on 20yr fixed rate with an origination fee of 1.375%.

APR of 3.422% if $400,000 sales price and 20% down ($80,000)

All rates are subject to change. Call us today for more information!

q&a du jour: How do I "shop around" for a mortgage?

 

 

: I've seen a lot of ads for great mortgage rates online, but they seem a little too good to be true... what's the catch? How do I go about "comparison shopping" for a mortgage rate, anyway?