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We aim to offer a variety of loan options with the personal service of a local company. Our goal is to provide the correct mortgage loan option for you, but also to make sure that it is a smooth experience. It is crucial to us that you understand every step of the process. Northwestern Home Loans has 2 convenient locations, in downtown Bend and in beautiful Sisters.
We seek opportunities to invest in real estate equities directly through acquisitions, fee developments and joint venture development. Trust, fiduciary, employee benefit plans and retirement services are offered through Northwest Bank’s Trust Department. At least one borrower must be a qualifying first-time homebuyer . The normal PMI requirement on mortgages is waived through this program. An up front USDA Guarentee Fee, plus an annual fee are required. Perfect if you're looking to buy a single-family home, owner-occupied primary residence, second home, or investment property.
Career Opportunities in Real Estate
We strive to provide you with a professional and personable team that is committed to helping you obtain home financing that fits your needs. Exceeding your expectations through our array of lending options, competitive rates and outstanding customer service is our number one goal. We understand that your loan is important to your financial future, which is why we work with you to determine a suitable type of mortgage product to fit your personalized needs. Programs specifically designed to assist those buying for the first time, offering low down payments, grant funds, tax credits and subsidized interest rates.
With a fixed-rate home loan, your interest rate remains the same for the life of the loan. The payment is split into equal monthly payments for the duration of the loan. With a Northwest home equity loan, tap into the value of your home with minimal closing costs and a speedy process. Whether you're looking to refinance a current loan, consolidate debt, or take cash out, a fixed-term home equity loan can help.
Real Estate Investment Expertise
In partnership with Fannie Mae®, Northwest offers HomeReady®. This is an affordable, low down payment mortgage program designed for creditworthy low-income borrowers. We have loan programs designed for first time homebuyers and those who have limited funds for a down payment. Our lending is concentrated on mortgage loans greater than $20 million to more than $500 million for large portfolio deals secured by general purpose income property. Finding the perfect home should be the hard part of your home buying experience.
Rates, terms, programs and underwriting policies subject to change without notice. This is not an offer to extend credit or a commitment to lend. Some products may not be available in all states and restrictions apply.
Welcome to Northwestern Bank's Mortgage Center
Looking to build the home of your dreams or renovate your current home? We've designed one of the most respected construction loans in the market to accommodate the needs of both you and your builder. Programs, rates, terms and conditions are subject to change without notice. Contact one of our lenders for more information and options on how we can meet your unique loan request.
Low down payment options for home purchase or refinance transactions – as low as 3% for purchase transactions. Flexible sources of funding for down payment and closing costs – with no minimum contribution from borrower’s own funds. Monthly mortgage insurance can be dropped when your loan balance reaches 80% of the original value of your home.
The $60+ billion1 real estate investment portfolio is composed of approximately 80 percent fixed income and 20 percent equity investments. Northwestern Mutual Real Estate is a financing source that provides experienced and knowledgeable people, quick and decisive action and flexible, creative solutions. At Northwest Bank, we offer a wide variety of competitive home loans designed to meet your unique needs. Whether you’re buying a new home, refinancing your current home, or need to access your home’s equity, we have you covered. Through a partnership with Freddie Mac, Northwest offers the HomeOne® loan program, featuring low down payments on purchases and high loan-to-value refinance options. You now have more options than ever when it comes to finding the right loan for your home.
Upfront or monthly mortgage insurance options available. Homeownership education is required for at least one qualifying borrower, if all borrowers are first-time homebuyers. Private mortgage insurance required with less than 10% down payment. With an FHA loan, you can secure a home with as little as 3.5% down. The Federal Housing Administration helps make homeownership a reality with flexible down payment options and no income restrictions. The United States Department of Agriculture offers home loans for borrowers living in rural areas.
Treasury Department and administered by the states, territories and tribes. We want to take care of the people who help take care of us. To say thanks, we’ve created a loan program available to physicians and residents with certain medical designations. Ability to finance the up front VA funding fee reducing your closing costs. Ability to finance the up front USDA Guarantee fee, reducing your closing costs.
Generally a lower initial rate fixed for a designated period of time. Interest rate may fluctuate throughout the remainder of the loan term. Down payment as little as 10%, based on credit score and other qualifying information. Down payment as little as 5%, based on credit score and other qualifying information. Loans designed for those wanting to purchase a new home, by using equity in their current home to complete the purchase before selling. The Homeowner Assistance Fund is a federal program that helps homeowners who are behind on their mortgages and other housing-related expenses due to the impacts of COVID-19.
We’re here to tackle the tough parts for you, and to make the mortgage process transparent and easy. We’re always willing to go the extra mile to explain areas you don’t understand. We want to turn this nerve-wracking process into an easy and painless one. So sit back, relax, and let our team help you find the right mortgage for you and your finances.
This program is tailored to customers who may not qualify for a conventional loan, but are otherwise creditworthy. Whether it’s a unique property, excessive acreage, or challenges with documentation, our Home Loan experts are available to help you accomplish your goals. Private mortgage insurance required with less than 20% down payment. As an loan industry leader, we offer competitive mortgage products and interest rates to our clients. If you plan on making major purchases or tackling big projects over time, a Northwest home equity line of credit, featuring a competitive variable rate, can be there when you need it.
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