What is the conforming loan limit in Oregon?
$484,350.00 is the single-family conforming loan limit for homes in Oregon.
$620,200.00 is the two-unit loan limit, $749,650.00 is the three-unit loan limit and $931,600.00 is the four-unit loan limit for Oregon mortgage loans that can be sold to Fannie Mae or Freddie Mac. Oregon County Loan Limits as of 2019 for Baker, Benton (Corvallis & Philomath), Clackamas (Clackamas, Happy Valley, Lake Oswego & West Linn, ), Clatsop (Cannon Beach & Seaside), Columbia, Coos (Bandon & Coos Bay), Crook (Powell Butte & Prineville), Curry (Brookings, Gold Beach & Port Orford), Deschutes (Bend, Black Butte, Redmond & Sisters), Douglas (Roseburg), Gilliam, Grant (John Day), Harney, Hood River (Hood River, Mosier & Parkdale), Jackson (Ashland, Medford, Phoenix & Talent), Jefferson, Josephine (Grants Pass), Klamath (Klamath Falls), Lake, Lane (Cottage Grove, Eugene, Florence, Junction City & Springfield), Lincoln (Lincoln City, Newport, Waldport & Yachats), Linn (Albany & Corvallis), Malheur, Marion (Keizer, Salem & Woodburn), Morrow, Multnomah (Gresham, Portland & Troutdale), Polk (Monmouth, West Salem), Sherman, Tillamook (Manzanita, Pacific City & Tillamook), Umatilla (Pendleton), Union, Wallowa, Wasco (The Dalles), Washington (Beaverton, Forest Grove & Hillsboro), Wheeler, Yamhill County (Dundee, Dayton, McMinnville, Newberg, Sheridan & Yamhill).
What if I want to borrow more?
Jumbo loans allow you to borrow more than conforming loan limits allow.
Jumbo loans are portfolio mortgage loans; underwritten to a specific bank, lending institution, or investor’s guidelines. Portfolio loans, address the needs of borrowers, properties, and loan sizes that do not conform to Agency or Government loan standards.