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Mortgages

Local know-how makes the difference.

How it works

It takes a great loan to get into a great home. We can get you settled in for less with affordable borrowing options, plus $5501 toward your closing costs.

Our local team of mortgage experts is here to help you every step of the way.

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Get pre-approved

Save time by knowing what you’re working with and get pre-approved before you start your search.

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Start your house hunt

Search for your ideal home with confidence and be a step ahead of casual shoppers with our pre-approval.

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Finalize the process

Once you’re ready to move, we can help you close the deal, dot your I’s and cross your T’s, and offer support all along the way.

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Make it yours

Make moving day easier. We can help you save money on closing costs before you settle in.

Find the right mortgage loan officer with OnPoint

Your local lender is here to help you get into your new home.

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LOVE the credit union and so glad they are close. ALWAYS fabulous customer service.

- Joan B.

How much home can you afford?

Answer this and other questions with our helpful home buying calculators.

Mortgage Options

Fixed Rates

  • Best for:

    Best for:

  • Maximum Loan Amount

    Maximum Loan Amount

  • Terms (See the rate table below for payment examples.)

    Terms (See the rate table below for payment examples.)

  • Down Payment Required

    Down Payment Required

  • Property Types

    Property Types

  • Mortgage Insurance

    Mortgage Insurance

Conventional Fixed

  • Best for:

    Those who want the stability of a fixed rate for the life of their home loan.

  • Maximum Loan Amount

    $484,350

  • Terms (See the rate table below for payment examples.)

    15-, 20- and 30-year fixed rates

  • Down Payment Required

    Minimum of 3% down for purchase, 5% no cash-out refinance, 20% cash-out refinance

  • Property Types

    1-4 unit single family residence, PUD, condo and manufactured homes

  • Mortgage Insurance

    Required for all loans with less than 20% down payment

Jumbo Fixed

  • Best for:

    Buyers whose bigger plans require a larger loan amount.

  • Maximum Loan Amount

    No Limit

  • Terms (See the rate table below for payment examples.)

    10-, 15-, 20- and 30-year fixed rates

  • Down Payment Required

    Minimum of 5% down for purchase and no cash-out refinance, 30% cash-out refinance

  • Property Types

    Single family residence, PUD, condo

  • Mortgage Insurance

    Required for all loans with less than 20% down payment

Variable Rates

  • Best for:

    Best for:

  • Maximum Loan Amount

    Maximum Loan Amount

  • Terms (See the rate table below for payment examples.)

    Terms (See the rate table below for payment examples.)

  • Down Payment Required

    Down Payment Required

  • Property Types

    Property Types

  • Mortgage Insurance

    Mortgage Insurance

  • Caps

    Caps

Conventional ARMs

  • Best for:

    Buyers seeking a lower rate or payment who may plan on moving in the future.

  • Maximum Loan Amount

    $453,100

  • Terms (See the rate table below for payment examples.)

    3-, 5- and 7-year ARMs

  • Down Payment Required

    Minimum of 3% down for purchase, 5% no cash-out refinance, 20% cash-out refinance

  • Property Types

    1-4 unit single family residence, PUD, condo and manufactured homes

  • Mortgage Insurance

    Required for all loans with less than 20% down payment

  • Caps

    3/1 and 5/5 ARM
    2% initial adjustment, 2% subsequent adjustment, lifetime adjustment 6%
    7/1 ARM
    5% initial adjustment, 2% subsequent adjustment, lifetime adjustment 5%

Jumbo ARMs

  • Best for:

    Buyers seeking a lower rate or payment whose bigger plans require a larger loan amount.

  • Maximum Loan Amount

    No Limit

  • Terms (See the rate table below for payment examples.)

    3-, 5- and 7-year ARMs

  • Down Payment Required

    Minimum of 5% down for purchase and no cash-out refinance, 30% cash-out refinance

  • Property Types

    Single family residence, PUD, condo

  • Mortgage Insurance

    Required for all loans with less than 20% down payment

  • Caps

    3/1 and 5/5 ARM
    2% initial adjustment, 2% subsequent adjustment, lifetime adjustment 6%
    7/1 ARM
    5% initial adjustment, 2% subsequent adjustment, lifetime adjustment 5%

First-time Buyers

  • Best for:

    Best for:

  • Maximum Loan Amount

    Maximum Loan Amount

  • Terms (See the rate table below for payment examples.)

    Terms (See the rate table below for payment examples.)

  • Down Payment Required

    Down Payment Required

  • Property Types

    Property Types

  • Mortgage Insurance

    Mortgage Insurance

Just for Starters®

  • Best for:

    First-time buyers who may want extra support on their home buying journey.

  • Maximum Loan Amount

    Based on county property values

  • Terms (See the rate table below for payment examples.)

    30 years

  • Down Payment Required

    0% Down

  • Property Types

    Single family residence, PUD, condo and manufactured homes

  • Mortgage Insurance

    Not Required

FHA Loans

  • Best for:

    First-time buyers and those looking for a low down payment option. This applies to purchasing, refinancing or re-establishing homeownership.

  • Maximum Loan Amount

    Based on county property values

  • Terms (See the rate table below for payment examples.)

    15, 20 and 30 years

  • Down Payment Required

    Minimum of 3.5% down for purchase, 2.25% rate and term refinance (value determined by the lesser of the purchase price or appraised value), 15% cash-out refinance

  • Property Types

    1-4 unit single family residence, PUD, condo and manufactured homes

  • Mortgage Insurance

    Required for all loans regardless of down payment amount

Veterans & Educators

  • Best for:

    Best for:

  • Maximum Loan Amount

    Maximum Loan Amount

  • Terms (See the rate table below for payment examples.)

    Terms (See the rate table below for payment examples.)

  • Down Payment Required

    Down Payment Required

  • Property Types

    Property Types

  • Mortgage Insurance

    Mortgage Insurance

VA Loans

  • Best for:

    Qualified military veterans and active military members seeking flexible financing options.

  • Maximum Loan Amount

    $453,100

  • Terms (See the rate table below for payment examples.)

    15, 20 and 30 years

  • Down Payment Required

    0% Down

  • Property Types

    Single family residence, PUD, condo and manufactured homes

  • Mortgage Insurance

    Not Required

Homeroom®

  • Best for:

    People working at an accredited educational institution seeking to purchase a home or refinance an existing home.

  • Maximum Loan Amount

    Based on county property values

  • Terms (See the rate table below for payment examples.)

    30 years

  • Down Payment Required

    0% Down

  • Property Types

    Single family residence, PUD, condo and manufactured homes

  • Mortgage Insurance

    Not Required


Find your ideal new home.

Our local team of mortgage experts is here to help you get started. Connect with a Mortgage Officer today.

Rates

Mortgage and Mortgage Refinance Loans
Mortgage and Mortgage Refinance Loans

Terms

Rate

APR*

Points

1-Month Payment*

Learn more about Mortgage and Mortgage Refinance Loans

The Annual Percentage Rates (APRs) for the 30 Year Fixed, 15 Year Fixed, and 5 Year Adjustable Rate loans are calculated based on a purchase of single family, owner occupied residence with a down payment of 25%, a loan amount of $180,000.00, and a property located in Multnomah County, Oregon.

The Annual Percentage Rates (APRs) for the Homeroom and Just for Starters Fixed Rate Loans are calculated based on a purchase of a single family, owner occupied residence with a purchase price and loan amount of $240,000.00 and located in Multnomah County, Oregon.

The Annual Percentage Rates (APRs) for the 30 Year Jumbo Fixed Rate and 5/5 Jumbo ARM are calculated based on a purchase of a single family, owner occupied residence with a down payment of 25%, a loan amount of $500,000, and a property located in Multnomah County, Oregon.

The APR includes the approximate cost of prepaid finance charges, including 15 days of prepaid interest, a $745.00 origination fee, and any applicable points associated with the interest rate. Actual APRs for individual loans may differ.

All loan applications are subject to credit and property approval.

The payments shown include only principal and interest. Certain loan products may require an escrow account for property taxes and insurance which will be added to the monthly payment amount.

These mortgage rates are based upon a variety of assumptions and conditions, some of which may include a credit score of 740 or higher. Your loan’s interest rate will depend on specific characteristics of your transaction and your credit profile up to the time of closing.

Adjustable Rate Mortgage (ARM) interest rates and payments are subject to change during the loan term. That change can increase or decrease your monthly payment.

If your down payment or equity is less than 20% mortgage insurance may be required, which will increase the monthly payment and APR.

Assumes no other loans or liens on subject property.

Property and/or flood hazard insurance may be required.

Maximum loan limits may apply.

Additional rates and programs are available.

Interest rates and APRs are subject to change without notice.

Terms

30 Year Fixed Rate

Rate

3.750%

APR*

3.821%

Points

0.000%

1-Month Payment*

$833.61

Terms

30 Year Jumbo Fixed Rate

Rate

3.750%

APR*

3.792%

Points

0.000%

1-Month Payment*

$2,084.02

Terms

15 Year Fixed Rate

Rate

3.125%

APR*

3.247%

Points

0.000%

1-Month Payment*

$1,253.90

Terms

Homeroom

Rate

5.000%

APR*

5.069%

Points

0.000%

1-Month Payment*

$1,306.77

Terms

Just for Starters

Rate

5.000%

APR*

5.069%

Points

0.000%

1-Month Payment*

$1,306.77

Terms

5/5 ARM

Rate

3.875%

APR*

4.761%

Points

0.250%

1-Month Payment*

$846.43

Terms

5/5 Jumbo ARM

Rate

3.875%

APR*

4.710%

Points

0.000%

1-Month Payment*

$2,116.07

Refinance your loan.

We can help you lower your monthly payments or pay off your mortgage faster.

REFINANCING OPTIONS

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Mortgage Loan FAQs

Apply for an OnPoint Mortgage today.

Apply online.

Get started today

Find a loan officer near you.

Meet our team

Give us a call.

Disclosures

All OnPoint loans are subject to credit terms and approval.
1 Lender credit of $550 toward the closing costs on purchase transactions only. Amount to be credited upon loan closing.

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