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Updated almost 4 years ago on . Most recent reply

User Stats

10
Posts
1
Votes
TJ Daniel
  • Financial Advisor
  • Portland, OR
1
Votes |
10
Posts

Bank recommendations in the Portland OR area

TJ Daniel
  • Financial Advisor
  • Portland, OR
Posted

Looking to do a renovation to our primary residence -1000 sq/ft addition and converting our basement to an ADU. We looked at local credit unions and they strangely do not count rental income to offset mortgage expenses. We do not have a lot of equity and it's looking like the project will bump us into a jumbo loan.

Any suggestions on local banks or other banks out of state that would be willing to take on this loan?

Thanks!

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