Unlock Your Dream Home in Eugene with Premier Mortgage Solutions Since 1992
In your quest for the perfect home in Eugene, let us light the way. Sammamish Mortgage has been empowering the Eugene community to realize their homeownership aspirations for decades. From the lush landscapes of the Willamette River banks to the artistic vibes of the Whiteaker neighborhood, we’re deeply familiar with what makes Eugene unique and are ready to guide you through every phase of the mortgage process.
Current Mortgage Rates in Eugene
Delving into Eugene’s housing market? It’s crucial to understand that mortgage rates in our charming city can vary due to:
Your selected mortgage lender
The current state of interest rates
The amount of your down payment
Your credit score
The mortgage type you select
Additional fees and the total closing costs
Your Trusted Mortgage Advisors in Eugene
Achieving the most affordable possible mortgage rate in Eugene requires partnering with a lender who puts transparency first. Our Loan Officers are experts committed to providing you with advice that’s tailored to your personal situation.
Eugene’s Residential Landscape
From cozy cottages in friendly neighborhoods to modern townhomes in the heart of downtown, Eugene’s housing market is as diverse as its residents.
Versatile Home Loan Programs in Eugene
Eugene’s dynamic and varied housing market is matched by our wide range of loan programs designed to meet the unique needs of its homeowners. Whether you’re stepping into the market for the first time or looking to refinance, we’re here with a solution that fits.
Eugene Mortgage Lenders
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.
Eugene Home Loan Programs
Eugene 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.
Yes—Eugene offers natural beauty, a strong arts scene, and proximity to outdoor recreation.
Are property taxes high in Eugene?
Lane County’s average property tax rate is about 1.07% of assessed value.
What types of homes are common in Eugene?
Single-family homes, townhouses, and condos are widely available.
How do I find the best mortgage lender in Eugene?
Compare rates, fees, loan options, and specialized programs from multiple lenders to see where the best deal lies.
Should I get pre-approved?
Yes—getting pre-approved strengthens your offer, clarifies your budget, and speeds up the homebuying process.
When does refinancing make sense?
Refinancing makes sense when you can secure a lower interest rate, reduce monthly payments, or access home equity for major expenses.
What fees should I expect with a mortgage?
Common fees to budget for include loan origination fees, appraisal fees, title fees, and closing costs.
Are jumbo loans available in Eugene?
Yes—jumbo loans are available for loans exceeding conventional loan limits.
What kind of mortgage can I get in Eugene?
Mortgage loan options available in Eugene include conventional loans, FHA loans, VA loans, USDA loans, and jumbo loans.
What loan programs are best for first-time home buyers in Eugene?
FHA loans are popular among first-time homebuyers because they offer low down payments, flexible credit requirements, and easier qualification compared to conventional loans.
What’s the minimum down payment for a home loan?
Conventional loans require down payments of 3% to 5%, FHA loans require 3.5%, and VA loans may offer 0% down.
Can I use gift funds for a down payment?
Yes—you may be able to use gift funds from family or other approved sources.
Are self-employed borrowers eligible for loans?
Yes—lenders may require two years of tax returns and proof of income stability.
Are renovation loans available in Eugene?
Yes—FHA 203(k) loans support home improvement financing.
How can I make my offer stand out?
Get pre-approved, offer a strong earnest deposit, and work with a local real estate agent who is familiar with Eugene’s real estate market.
Is Eugene good for real estate investment?
Yes—college demand, stable appreciation, and rental demand make it attractive for investors.
What's the benefit of a bridge loan?
A bridge loan helps you buy a new home before selling your current one by temporarily using your existing equity to cover the down payment or purchase costs.
What is Sammamish Mortgage's Cash Buyer Program?
Sammamish Mortgage’s Cash Buyer Program empowers everyday buyers to compete with cash offers by eliminating the typical limitations of traditional mortgages. With this program, you can waive all financing contingencies — including the appraisal — giving your offer a stronger edge in competitive markets.
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.
