PURCHASE A NEW HOME

Let us help you buy your new home!

Purchasing a home is a very exciting time, and being well prepared will help you make better decisions. Allow us to help you through the home buying process and be your resource during your purchase.

Quick Quote

Am I ready to buy?

Buying a home offers many advantages, the most significant being that it allows you to build equity (ownership) when you pay your mortgage each month. A common myth is that monthly mortgage payments are more expensive than rent, yet in many cases, mortgage payments can be less than rent payments. When considering home ownership for the first time, you’ll need to decide whether buying makes financial and practical sense for you. Consider both the advantages and disadvantages to renting versus buying, and weigh the pros and cons for your situation.

How can I figure out my price range?

When preparing to purchase your home, consider both the upfront and ongoing costs associated with purchasing a home.

Some upfront costs include:

Down payment: Depending on the type of loan, the amount of down payment required ranges from 3-30% of the cost of the house. The more you put down, the greater the equity you will have in your home and the lower your monthly payments will be.

Closing costs and prepaid items: Typically start at 2% of the purchase price, but can vary.

Ongoing costs include:

  • Monthly Principal and Interest

  • Property Taxes

  • Homeowner’s Insurance

  • *Flood Insurance

  • *Mortgage Insurance

  • Utilities

  • Maintenance

*If applicable

The best thing you can do before beginning your home search is to get a pre-approval. Click or call to schedule your free phone consultation. We provide a no-cost initial consultation to review and analyze your budget so that you can determine what your price range is.

Our happy clients.

  • "Throughout the entire process, Paul and his staff were extremely friendly, professional, and kept me informed along the way. I would definitely recommend them!!! "

    Bek, Wilsonville

  • "I bought a new house and used Willamette Financial, Paul delivered what he promised and we were ready to close 2 weeks early. I highly recommend them."

    Marcus, Lake Oswego

  • "Paul Gowen and his team were absolutely wonderful. Every step of this process was seamless and painless. They were courteous, efficient, helpful and had some of the most competitive rates around. Thank you!"

    Ivy, Springfield

  • "Out of the four experiences I've had buying a house, this was the only time I felt like I was getting straightforward information, all the milestones were hit on time, and there were no surprises. Thanks to Paul and his team. "

    Joe, West Linn, OR