Green Family Mortgage

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Green Family Mortgage We help Oregonians,Washintonians and Californians obtain home loan financing. Company NMLS # 1627187 LO NMLS #1018658 Come be a part of the Family!

ABOUT THE COMPANY: We are a local family-owned business who works with everyday people to get home loans. We advocate for our clients to help them succeed and grow. We value being a trusted source of advice and knowledge. We believe homeownership can dramatically change ones financial life for the better- so our clients can focus on things that matter. We offer one-to-one counseling, support, and top-notch customer service. If you are calling or emailing us, you'll be talking directly to an experienced loan officer. No automated operators or customer service representatives giving you the run around here. And if we are meeting you in person, we'd love to meet you in a local coffee shop or a local brewery (after all, the West Coast does these two things best!)

As Mortgage Brokers, we are able to shop many different lenders on the market (rather than being tied to one bank) insuring our customers have great choices and a plethora of options. Our favorite part about about what we do is often surprising our customers with options regarding their financing that they didn’t even know they had. Here is a sample of the type of loan programs we offer: 30yr mortgage, 20yr mortgage, 15yr mortgage, 10yr mortgage, 1yr ARMS, 3yr ARMS, 5yr ARMS, 10yr ARMS, Conventional, Jumbo, Piggyback, FHA, VA, USDA, Reverse, Cash Out Refinances, Renovation and Construction loans. Whether your situation calls for Full Documents, limited Documents, Non-Owner Occupied (Investor) or Multi-Family, we've got you covered! ABOUT THE OWNER (in her own words): "Even though I graduated with a business degree specializing in both finance and real estate, it wasn’t until years later, after buying my first home, in Portland, OR, that I decided to get involved in the mortgage broker business. I learned that finding a good Mortgage Broker wasn't the easiest thing to find-- and that is what prompted me to make my move into the field. After a few years in the business, I eventually took that resolve and ventured out to create Green Family Mortgage. I am lucky to have worked with many great clients over the years, and I always enjoy getting to know more of their friends and family. These people are the heart and soul of my business and what makes my job fun and worth getting up for everyday. When I am not at work I love being outside: gardening, playing tennis, playing volleyball, going for a run or bikeride or just hanging at home with my husband and two kids. I also always love hitting up a good brewery, a new w**e shop, or getting some of Portland's finest grub. When not at home in Oregon, I love travelling. I spent most of my 20's travelling the world and volunteering in schools, teaching English, working in hospitals, and pretty much anything I could do to stay afloat and meet the various wonderful people of the world. While I am no longer travelling the world (I am now happily nested in the home I bought and financed in Portland!) I still love to take a vacation or two a year to explore new places and meet new people."

Green Family Photos are in!
10/09/2024

Green Family Photos are in!

Fun Fact: Green Family Mortgage has helped A LOT of single women buy homes- you might even say it's how we started our b...
01/26/2024

Fun Fact: Green Family Mortgage has helped A LOT of single women buy homes- you might even say it's how we started our business. And it is something I, Lauren Green, am most proud of. With the many inequities women face in our country, especially when it comes to the income and wealth gap, I am proud to be both an advisor and advocate, as well as someone who is actively helping to turn the tables.

American women have pulled ahead of men when it comes to building wealth through homeownership, according to LendingTree.

Green Family Mortgage is now offering Home Equity Lines of Credit! Did you buy or refinance in the last 5 years but you ...
08/24/2022

Green Family Mortgage is now offering Home Equity Lines of Credit! Did you buy or refinance in the last 5 years but you still want to tap into some equity (for some home remodeling, to pay off debt, pay for big medical or educational expenses or more?) Now you have a way to tap into the equity of your home without refinancing your amazing interest rate away. Reach out to your local GFM broker for more info.

I’ve been hearing “I’m going to wait till the market cools to buy a home.” I totally understand that. And yet, while tha...
06/30/2022

I’ve been hearing “I’m going to wait till the market cools to buy a home.” I totally understand that. And yet, while that strategy seems reasonable… here are some things to consider:
1. Prices do have to go down for this to work. (They might! but maybe not as much as you hope they do).
2. Even if prices do go down, the Federal Reserve has promised to keep raising the interest rates for the foreseeable future. That means, if you need a loan to buy a house you are still basically paying the same or maybe even more by waiting.

Let’s break this last point out a bit: Let’s say you want to buy a home for $500,000 with a 5% down payment at today’s prices. And let’s say your interest rate is about 4.99% for a 30-year fixed rate loan. (This is not a quote). That puts you at about a $2550 total monthly payment (principle + interest only). If interest rates jump up another .75% (like they just did a few weeks ago) that now puts your payment for the same price at $2770/mo.- a jump of $220/month! In order for you to get the same savings, therefore, the sales price needs to drop by about $40,000 for the same payment. IE if your interest rate is now 5.74% rather than 4.99% you need the sales price to drop from $500,000 to $460,000 in order to get the same payment you had previously at $2550/mo. otherwise you are still going to pay more per month.

This means you really need prices to plummet and to plummet fast- a lot faster than the Federal Reserve is raising interest rates in order to capitalize on the “wait till the market cools” strategy. And while prices will probably fall, I’m just not sure they are going to fall as far, and as fast, as interest rates are going up.

So, what can you do? If you are hoping to buy a home in the near future, I’d recommend trying to make that happen sooner rather than later.

What if rates decrease you ask? Then you can always refinance and lower your interest rate when they do.

If you have questions about any of this, buying a home, refinancing your home, or how to save money and get a lower interest let’s chat about it.
Happy house hunting!

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Portland, OR
97211

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