Redwood Financial Services provides reverse mortgaes, FHA and VA loans, Rural Development, and many other programs that will offer you the lowest mortgage interst rates.

Redwood Financial Services is a reverse mortgage leader in Oregon, California and Washington.  Call us for any reverse mortgage loan needs.  We will answer questions on your existing reverse mortgage even if you did the loan elsewhere.Redwood Financial Services provides mortgage loans for homes in Oregon, California and Washington.  We have low mortgage rates, and any product available on the market for financing. Want to buy your first home? Or maybe you want to refinance your existing home.  We have government loans that will allow up to 100% financing (no money down).  See what you qualify for today.

(877) 339-6633

NMLS ID 60627

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Current Rates
as of
Type Rate APR*
30 Yr Fixed
15 Yr Fixed
FHA 30 Yr.
Fixed
 
Libor Monthly
 
CMT Monthly
 

See more interest rates.

*APR is based on a 300,000 loan amount with an impound account on an owner occupied property with 60% LTV on a purchase and rate and term refinance or 60% max LTV on cashout refinance.  Origination fee is 0.875% of the loan amount.

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Investment Properties

Investment Properties can be rentals or properties that will be turned quickly, preferably for a profit. If the property needs a lot of improvements take a look at our private mortgages pages. Whether purchase or refinance, we probably have a great loan for your needs.

  • Unlimited properties.
  • Purchase or Refinance.
  • Up to 90% LTV.

 

Purchase

We can lend up to 90% on site built homes. This is for 1 or 2 unit properties. For 3 or 4 unit properties, the limit is 75%. Usually very strong credit is required. Contact us for program guidelines and requirements.

Refinance - Rate Term

90% LTV for 1 or 2 unit properties. 75% for 3 or 4 unit

Refinance - Cash Out

85% LTV for 1 or 2 unit properties. 70% for 3 or 4 unit properties

Stated Income or No Doc

The current lending environment requires the use of Private Money if a stated income or no documentation loan is required

Manufactured Homes

The current lending environment requires the use of Private Money if the investment property is a manufactured home
Unlimited Properties There is no limit to the number of properties you own, or the number of properties you wish to finance.

 


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