Portland Reverse Mortgages
MLS Reverse Mortgage is a Portland reverse mortgage lender offering the HECM (Home Equity Conversion Mortgage) Program. The HECM is the most popular reverse loan program in Portland, Oregon. With a HECM reverse mortgage, you have several options to choose from including fixed rates, adjustable rates and purchase reverse mortgages.
FHA Reverse Mortgages in Portland, Oregon
Portland is really seeing a benefit due to the Government’s passing of the American Recovery and Reinvestment Act of 2009, which increased the national reverse mortgage lending limit to $625,500. What that means to seniors looking to get a Portland reverse mortgage is an increase in the total benefit available to them.
For comprehensive Portland reverse mortgage information, please see the links to the left and above. If you would like someone to contact you, please fill out the form to the right.
Portland Reverse Mortgage Numbers
| Portland HECM Originations (Past 3 Years) | ||
|---|---|---|
| Endorsement Period | HECM Loans Originated | |
| 12/1/05 – 11/30/08 | 6,667 | |
Total for PORTLAND: 6,667 | ||
The above chart shows HECM Loans Originated in the HUD PORTLAND, OREGON HUD Field Office. Performance Period: Displaying HECM loans that were endorsed within the past 3 years. Data shown includes all cases with beginning endorsement date between December 01, 2005 and November 30, 2008. Data Source: HUD Neighborhood Watch
Oregon Reverse Mortgage Counseling
| Agency Name | Phone | Address | Website | Agency ID | Reverse Mortgage Counseling Type Offered |
|---|---|---|---|---|---|
| CCCS OF SOUTHERN OREGON | (541) 779-2273 | STE. 202 820 CRATER LAKE AVE MEDFORD, OR 97504-6581 | http://www.improvedcredit.org | 81735 | HECM |
| HOUSING OPTIONS PROVIDED FOR THE ELDERLY | (971) 207-7820 | 5200 MEADOWS RD STE 150 LAKE OSWEGO, OR 97035-0066 | http://HECMHOPE.org | 90435 | HECM |
| MONEY MANAGEMENT INTERNATIONAL - PORTLAND BRANCH | (866) 232-9080 | 10260 SW GREENBURG RD PORTLAND, OR 97223-5500 | http://www.moneymanagement.org | 84752 | HECM |
| NEIGHBORIMPACT | (541) 318-7506 | 2303 SW 1ST ST REDMOND, OR 97756-7133 | http://www.neighborimpact.org | 81156 | HECM |
| NEIGHBORIMPACT - MADRAS HOUSING CENTER | (541) 323-6567 | SUITE B 374 SW 5TH ST MADRAS, OR 97741-1344 | http://www.neighborimpact.org/homesource | 84789 | HECM |
| NEIGHBORIMPACT - PRINEVILLE HOUSING CENTER | (541) 323-6567 | 457 NE OCHOCO PLAZA DR PRINEVILLE, OR 97754-8467 | http://www.neighborimpact.org/homesource | 84788 | HECM |
| NEIGHBORIMPACT- BEND HOUSING CENTER | (541) 323-6567 | 20310 EMPIRE AVE., SUITE A100 BEND, OR 97703-5723 | http://www.neighborimpact.org/homesource | 90211 | HECM |
| Oregon Reverse Mortgage Counseling list is current as of 4/21/2023. Source: HUD Agency Search | |||||
Considering a Non-FHA Reverse Mortgage?
We offer a couple non-FHA reverse mortgage options. Often called proprietary reverse mortgages or jumbo reverse mortgages.
Portland Oregon Links of Interest: City of Portland | Hollywood Senior Center – Portland, OR