* $800,000 | 30-Yr-fixed | Credit Score 800+ | 25% Down Payment
Embark on your adventure to homeownership in Bend with a trusted partner by your side. Sammamish Mortgage has been supporting Bend’s community in finding their dream homes for over thirty years. Known for its stunning landscapes, outdoor recreational activities, and vibrant arts scene, Bend offers a distinctive lifestyle that we understand deeply. Our commitment is to provide personalized and thorough support throughout your mortgage process.
Venturing into Bend’s inviting real estate market? Keep in mind that mortgage rates here can be influenced by several key factors:
Securing the competitive mortgage rate in Bend requires partnering with a lender who values honesty and transparency. At Sammamish Mortgage, our Loan Officers provide unbiased and tailored advice, ensuring you receive solutions that fit your unique circumstances without any sales pressure.
Bend offers a diverse array of residential options, from rustic cabins by the river to modern townhomes in the city center. The housing market here caters to a variety of preferences, ensuring that every homebuyer can find a place that feels like home.
Our wide selection of loan programs is designed to meet the varied needs of Bend’s homebuyers. Whether you are a first-timer or looking to refinance your current home, we offer customized solutions to help you secure your ideal property.
Looking for a transparent mortgage rate? Working with the right mortgage company can help you save thousands. While it can be tempting to just go to your community credit union, they won’t be able to give you as many options. Likewise, avoid “mortgage brokers” and look for a full-service lender. Preferably, choose a mortgage bank that has a team of highly experienced Loan Officers. You want the best advice possible on the right mortgage for you, not just the biggest loan.
Bend borrowers have plenty of real estate loan options. Check out these different types of popular loan programs and compare details:
30-year fixed-rate conventional loans make it easy for Oregon home buyers to afford a home, with low monthly mortgage loan payments in trade for more interest paid over the loan term.
Active service members, surviving military spouses, and veterans can all apply to get a VA loan. These are very attractive since you may not need a down payment.
A first-time home buyer can benefit from an FHA loan, especially if you need some flexibility to make up for low income, a low down payment, or a below-average credit score.
Borrowers living in a pricey zip code can benefit from a jumbo loan that can get around conventional loan limits and help you purchase a home in the best location.
Rates are primarily driven by market conditions (including Treasury yields and mortgage-backed securities pricing), your credit score, loan-to-value (down payment), debt-to-income ratio, loan type (conventional/FHA/VA/USDA), occupancy (primary vs. second home/investment), points/credits chosen, and property type (single-family vs. condo/2-4 unit).
Most lenders price rates similarly statewide, but your final pricing can differ based on county-level loan size, property type, and lender overlays. Local competition and operational costs can also cause small differences between lenders.
Compare the same loan scenario (loan amount, term, program, occupancy, property type, credit score range, down payment, and lock period) and review both the interest rate and APR, plus itemized lender fees, points, and credits on a Loan Estimate.
A rate lock is a lender’s commitment to honor a specific rate and points for a set period (e.g., 15–60+ days) while your loan closes. Lock timing depends on your closing date, risk tolerance, and market volatility; your lender can discuss options like shorter vs. longer locks and any float-down features.
FHA rates can be competitive, especially for borrowers with lower credit scores or higher DTI, but FHA includes mortgage insurance (UFMIP and monthly MIP) that can increase total cost. The best choice depends on total monthly payment and long-term plans.
VA loans often offer competitive rates and no monthly mortgage insurance, but eligibility is required and there may be a VA funding fee (with exemptions for certain veterans). Pricing still depends on credit, loan size, and lender fees.
Higher credit scores generally qualify for better pricing (lower rate and/or fewer fees). Conventional loans use risk-based pricing adjustments, and FHA/VA pricing also reflects credit and overall risk, though differently than conventional.
Down payment requirements depend on the program: conventional loans may allow low down payments for qualified borrowers, FHA allows low down payments with qualifying credit, and VA may allow zero down for eligible borrowers. Your exact requirement depends on loan type, credit, and property details.
Typical costs can include lender fees, appraisal, title and escrow, recording, prepaid items (homeowners insurance, property taxes, interest), and any points. Exact amounts vary by loan type, property, and timing; your Loan Estimate will itemize them.
Yes. If rates drop or your credit/equity improves, refinancing may reduce your rate or payment, change the loan term, or switch from FHA to conventional to remove mortgage insurance (if eligible). A lender can run a breakeven analysis based on costs and how long you plan to keep the loan.
Whether you’re buying a home or ready to refinance, our professionals can help.
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No Obligation and transparency 24/7. Instantly compare live rates and costs from our network of lenders across the country. Real-time accurate rates and closing costs for a variety of loan programs custom to your specific situation.
