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What is Verified Income?

Some lenders will require a proof of income letter that summarizes and verifies your current income and employment situation. Read more.

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What Motivates People to Sell Houses?

With thousands of homes sold each day in the U.S., we wondered what prompts people to pack up everything and sell their houses in the first place?

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What to Avoid When Closing Your Loan

There are still financial activities that are off limits until you close your loan. Here are six things we recommend you avoid.

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What to Expect From Your Home Inspection

A home inspection will help you (and the seller) identify any issues that could raise concern in the final stages of closing. Read more here.

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What to Know Before Buying a Home

Buying a home is likely one of the biggest purchases you'll ever make. With such a daunting road ahead, where do you even begin? Learn more here.

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What You Need to Buy a Home

If you're considering buying a home, you'll need the right paperwork, a down payment, and an approval letter. Let's break it down together.

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9400 SW Beaverton Hillsdale Hwy
Suite 145
Beaverton, OR 97005

503-699-LOAN (5626)

800-318-4571 (toll free)

feedback@pacresmortgage.com

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Reverse Mortgage - Contents not provided by, or approved by FHA, HUD or any other government agency. At the conclusion of a reverse mortgage, the borrower must repay the loan and may have to sell the home or repay the loan from other proceeds; charges will be assessed with the loan, including an origination fee, closing costs, mortgage insurance premiums and servicing fees; the loan balance grows over time and interest is charged on the outstanding balance; the borrower remains responsible for property taxes, hazard insurance and home maintenance, and failure to pay these amounts may result in the loss of the home; interest on a reverse mortgage is not tax deductible until the borrower makes partial or full re-payment.


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