Home Equity Conversion Mortgage (HECM)
A reverse mortgage, also known as a Home Equity Conversion Mortgage (HECM)
, allows seniors the ability to tap into the home equity of their home and use proceeds on just about anything they want. A Oregon reverse mortgage
can be used to stop foreclosures, pay for assisted living or other forms of senior care. OR seniors, who are 62+, and have enough equity in their home, are eligible. Simply locate a licensed Oregon reverse mortgage lender for additional information. Our site provides a directory to help you find a lender that can do business in Oregon. We work with lenders in areas such as Portland and Salem as well as all the other cities within the state.
Oregon Reverse Mortgage Lenders
First National Bank
First National Bank is one of the leading internet reverse mortgage lenders today. They started from doing a few reverse mortgage loans in 2011 to being in top 10 in volume in 2012. They are able to keep costs down by primarily doing Internet loans.
One Reverse Mortgage
Owned by Quicken Loans, One Reverse Mortgage is one of the top fastest growing reverse mortgage lender in the nation.
1) Wells Fargo Reverse Mortgage
2349 Nw Lemhi Pass Dr, Bend, OR
2) Bank of America Mortgage
2955 N Highway 97, #100, Bend, OR
3) Bank of America Mortgage
1210 Ne 3rd St, Bend, OR
4) First Rate Mortgage Incorporated
735 Sw 9th St, Redmond, OR
5) Wells Fargo Home Mortgage
220 Nw 3rd St, Prineville, OR
6) Directors Mortgage Incorporated
404 Sw Columbia St, Bend, OR
7) Wells Fargo Home Mortgage
960 Nw Wall St, Bend, OR
8) Wells Fargo Home Mortgage
617 Sw 6th St, Redmond, OR
9) Evergreen Home Loans
963 Sw Simpson Ave, #200, Bend, OR
10) Bank of Oregon
803 Sw Industrial Way, #204, Bend, OR
Nearby areas such as Portland, Salem, Eugene, Beaverton, Bend, Beaumont Wilshire, Grants Pass, Medford, Corvallis, Klamath Falls, Oak Grove, Milwaukie, Banks, Chiloquin, Tigard, Springfield, Hillsboro, Farmington, Creston-Kenilworth, Groners Corner, are also cities that Oregon reverse mortgage companies provide coverage in.