Home Lending Programs & Products
Purchase–Refinance–Renovation–Construction
At Ubium, we’ve never thought of ourselves as simply a bank. We’re more like neighborhood experts who can answer questions, provide advice, and brainstorm about what you want and how to get it. And because a home loan is something that you’ll live with for a long time, we’ll make sure you get one that fits, whether you’re a first-time homebuyer or building a custom home.
FHA
Unlike most first-time homebuyer programs, with FHA home loans you’ll enjoy down payment requirements that are traditionally lower than conventional financing.
Conventional
Traditional fixed-rate home loans provide predictability in rate and payments. As a Fannie Mae and Freddie Mac Seller/Servicer, Ubium offers a variety of government-backed loans.
Rural Development_First-Time Homebuyer
This USDA sponsored program is ideal if you’re a first-time homebuyer looking to purchase in “rural defined population service areas.” You must also meet certain income requirements. Learn more.
Adjustable Rate Mortgage (ARM)
If you’re hoping to buy and sell your home in the near future, an ARM loan might be a good fit. These loans typically feature lower introductory rates that adjust periodically throughout the life of the loan.
Veterans
Federal and Oregon veterans’ home loan programs provide active duty personnel, reservists and veterans with low closing costs and historically low rates. Learn more at ODVA or Federal VA.
Construction and Renovation
Whether you are buying new, building your dream home from the ground up, or renovating your current home, Ubium’s construction and renovation loan programs can help you consolidate your costs into one loan with one closing. Find out more here.
State Bond Loan Programs
State Bond Loan Programs provide first-time homebuyers with typically below-market rate financing and down payment assistance grants. Single unit houses, manufactured homes, condos and PUDs may be eligible based on current guidelines.
Jumbo Loans
We understand that not all home loans fit into standard program requirements. With multiple options for fixed and adjustable rate jumbo loans, Ubium can help homebuyers seeking larger loan amounts.
Subject to Agency funding and availability.
Loan products subject to credit approval. Other terms, conditions, restrictions & fees may apply.