Eugene Mortgage Lender

As an independent mortgage broker licensed in Oregon, Bayview Residential Brokerage helps Eugene buyers and homeowners shop the whole market instead of a single bank's rate sheet. Home to the University of Oregon, Eugene blends a college-town energy with established family neighborhoods and a strong outdoor culture. We match each borrower with the lender and program that fits, then handle the loan from pre-approval to closing.

Below is a plain-English guide to buying or refinancing in Eugene in 2026: the market, Lane County loan limits, the programs available, down payment assistance, and the neighborhoods we serve.

The Eugene housing market in 2026

Eugene is a steady, relatively attainable market. As of 2026 the median Eugene home price is around $469,000, essentially flat year over year, keeping most homes within conforming and FHA range. The University of Oregon drives strong rental and owner-occupant demand, and healthcare and manufacturing round out the economy.

Because Eugene attracts first-time buyers and investors alike, the right loan can vary from a low-down first home to an investment property near campus. We match the financing to your goals and shop multiple lenders for the best fit.

Loan programs for Eugene buyers

Conventional loans. The default for buyers with solid credit, with as little as 3% down for qualified first-time buyers.

FHA loans. A lower 3.5% down payment and flexible qualifying, popular with first-time and credit-building buyers. The 2026 FHA limit in Lane County is $541,287 for a single-family home.

VA loans. Eligible veterans and active-duty service members can buy in Eugene with a zero-down VA loan. Zero down payment and no monthly mortgage insurance for those who qualify.

USDA loans. Zero-down financing for eligible rural communities near the area, for buyers within the income limits.

Jumbo loans. Financing above the $832,750 conforming limit for higher-priced homes. In Eugene jumbo is rare, applying mainly to higher-end homes in south Eugene.

Reverse mortgages. For homeowners 62 and older who want to convert equity into cash without a monthly mortgage payment.

Down payment assistance for Eugene buyers

Oregon offers help with the down payment through Oregon Housing and Community Services (OHCS). The Oregon Bond Residential Loan Program pairs a competitive first mortgage with a Cash Advantage down payment assistance option, and other state and local programs can help qualified buyers with the down payment and closing costs. Eligibility depends on income, credit and homebuyer education. We help Eugene buyers find and coordinate the right program with the loan.

Property taxes in Oregon

Oregon property taxes are relatively moderate and, thanks to Measure 50, fairly predictable. Your bill is based on a capped assessed value that generally rises no more than 3% per year, rather than tracking the full market value of your home, which helps with long-term budgeting. When we prepare your pre-approval, we include realistic tax and insurance estimates so your monthly number is the real one.

Buying across Eugene

South Eugene and the College Hill area hold sought-after established homes, the university district has strong rental and investment appeal, and neighborhoods like Bethel and Santa Clara to the west and north offer more affordable entry points. We match the loan to whether you are buying a primary home or an investment property.

How the process works with Bayview

1. Pre-approval. We review your income, credit and goals, then issue a pre-approval so you can shop with confidence and make strong offers.

2. Shop and compare. Once you are under contract, we shop your loan across our lender network and bring back the most competitive fit on rate and fees.

3. Underwriting. We manage document collection and work the file through underwriting, keeping you and your agent updated.

4. Closing. Most purchases close in about 30 days from contract. You sign, fund and get the keys.

Refinancing your Eugene home

Already own in Eugene? Refinancing can lower your rate or payment, shorten your term, or let you tap equity through a cash-out refinance for a remodel or to consolidate debt. With how much Oregon home values have risen over the past several years, many local homeowners have more usable equity than they realize. We run the numbers both ways and only recommend a refinance if it actually moves you forward.

Eugene mortgage FAQs

What is the 2026 conforming loan limit in Eugene?

Eugene is in Lane County, which uses the baseline conforming limit of $832,750 for a single-family home in 2026.

What is the FHA loan limit in Eugene?

The 2026 FHA limit in Lane County is $541,287 for a single-family home, which covers most local homes.

Can you finance an investment property near campus?

Yes. We finance primary homes and investment properties, which is common near the University of Oregon. Investment loans have their own guidelines, and we match you with a suitable lender.

What down payment assistance is available in Eugene?

Oregon's OHCS Oregon Bond program and other programs can help qualified buyers with down payment and closing costs.

Are property taxes high in Eugene?

Oregon property taxes are moderate and, thanks to Measure 50, fairly predictable, based on a capped assessed value that generally rises no more than 3% per year.

How long does it take to close in Eugene?

Most purchase loans close in about 30 days once you are under contract.

See all mortgage FAQs ›

Nearby cities we serve

Springfield  ·  Corvallis  ·  Salem  ·  Medford
All Oregon locations ›

Plan your numbers

Affordability calculator  ·  Mortgage calculator  ·  Refinance calculator