Business Details
21 Years
experience
Your Trusted Portland Mortgage Broker
Homeowners PDX, led by Certified Mortgage Advisor Shannon McAlister, has been serving Portland, Oregon, and surrounding areas for over 15 years. Our expertise spans conventional, FHA, VA, jumbo, DSCR, and reverse mortgages, tailored to first-time buyers, investors, and everyone in between. We prioritize education, transparency, and a seamless loan process, ensuring clients understand all options and avoid surprises.As a Portland native, Shannon is deeply committed to the local community, offering personalized service and leveraging her extensive industry experience to simplify complex mortgage transactions. Our partnerships with Homes for Heroes and Luminate Bank further enhance our ability to deliver competitive rates and savings to clients.
Services
Conventional Loans
FHA Loans
VA Loans
Jumbo Loans
DSCR Loans
Reverse Mortgages
HELOC
Investment Property Loans
Refinance Services
Home Equity Loans
Details
- Year established: 2005
Highlights and features
- 15+ years of local mortgage expertise in Portland's dynamic market
- Tailored loan options for first-time buyers, investors, and veterans
- Free consultations with no-obligation mortgage guidance
- Certified Mortgage Advisor with hands-on processing experience
- Exclusive Homes for Heroes discounts for community service professionals
Associations and certifications
- Homes for Heroes
What people say
Seamless process
Knowledgeable team
Timely communication
Efficient loan closures
Personalized guidance
Services
Conventional Loans
Conventional home loans offer flexible down payments starting at 3% with options for primary, secondary, and investment properties. These loans provide competitive rates and terms up to 30 years, ideal for buyers with strong credit profiles. Our team simplifies the process with clear documentation requirements and personalized rate comparisons.
DSCR Loans
Debt Service Coverage Ratio loans qualify borrowers based on property cash flow rather than personal income. Perfect for real estate investors, these loans require minimum 20% down and accept LLC ownership. We streamline the application process with rapid underwriting and nationwide availability for single-family to 10-unit properties.
VA Loans
VA loans provide 0% down payment options for eligible veterans and active-duty personnel. These government-backed loans eliminate private mortgage insurance requirements while offering competitive rates. Our specialists guide veterans through the unique benefits and documentation requirements to secure optimal financing terms.
Reverse Mortgages
Reverse mortgages allow homeowners aged 62+ to convert home equity into tax-free cash without monthly payments. Funds can be used for retirement expenses, medical bills, or home improvements. We explain all options including lump sum, line of credit, and income stream solutions with transparent fee structures.
Homes for Heroes
This program offers significant savings on real estate transactions for firefighters, teachers, healthcare workers, and military personnel. Benefits include reduced lender fees, real estate agent discounts, and closing cost assistance. Our team specializes in maximizing savings while maintaining competitive loan terms for community heroes.
People
Shannon McAlister
Mortgage Advisor
With 15+ years in mortgage lending, Shannon McAlister specializes in Portland real estate markets. A Certified Mortgage Advisor and Homes for Heroes affiliate, she guides clients through complex transactions with personalized service. Her background in loan processing ensures efficient approvals while maintaining deep community ties through local business advocacy.
Questions
What credit score do I need for a mortgage?
Minimum scores vary: 620 for conventional, 580 for FHA/VA. Higher scores improve rates and terms. We review full profiles including debt ratios and down payments.
How do I find the best mortgage rate?
Compare loan products and work with experienced lenders. We offer competitive rates across all programs and provide transparent comparisons to help you choose.
What are DSCR loans?
DSCR loans qualify based on property income, not personal earnings. Minimum 20% down, ideal for investors. We explain requirements and help calculate property cash flow.
Can veterans get zero-down loans?
Yes, VA loans offer 0% down payment options for eligible veterans. These government-backed loans also waive mortgage insurance requirements while maintaining competitive rates.
How does Homes for Heroes save money?
Eligible heroes receive discounts on closing costs, lender fees, and real estate agent commissions. We help maximize savings while securing competitive mortgage terms for community service professionals.
What's the mortgage process timeline?
Pre-approval takes 1 business day. Full closings typically complete in 15-30 days for DSCR loans, with conventional loans varying based on documentation complexity.
