FHA Loans (Investor Angle) in Portland, OR
Loan-size math and qualifying analysis for FHA financing on Portland's $539k median home value. Moderate fit.
Moderate fit for Portland.
Portland medians ($539k) usually fit within FHA county loan limits. House-hacking math depends on finding a 2-4 unit property near median.
Payment on Portland's $539k median.
| Median home value (Portland) | $538,687 |
| Assumed LTV | 97% |
| Loan amount | $519,833 |
| Cash to close (down payment) | $18,854 |
| Assumed rate | 6.75% |
| Term | 30-year amortizing |
| Monthly P&I | $3,372/mo |
FHA financing — the mechanics.
A residential mortgage insured by the Federal Housing Administration. Low down-payment + flexible credit. Critically for investors: FHA loans are assumable — a new buyer can take over the original loan with the same rate and terms (subject to lender approval).
Original FHA: 580+ FICO, 3.5% down, owner-occupancy required at origination. Assumption: new buyer needs ~$500-1,500 fee + creditworthiness check + occupancy intent.
How Oregon law affects this loan.
Frequently asked.
What's the typical FHA loan size for a property in Portland?
On Portland's $539k median home value, a FHA loan at the standard 97% LTV would be approximately $520k, requiring $19k down.
What's the monthly payment on a typical FHA loan in Portland?
Fully-amortizing 30-year payment on a $520k FHA loan at the typical rate of 6.75% would be approximately $3k/month, excluding taxes and insurance.
Is Portland a good market for FHA financing?
Portland medians ($539k) usually fit within FHA county loan limits. House-hacking math depends on finding a 2-4 unit property near median.
What credit and reserves do FHA lenders require for Portland properties?
Original FHA: 580+ FICO, 3.5% down, owner-occupancy required at origination. Assumption: new buyer needs ~$500-1,500 fee + creditworthiness check + occupancy intent.
Compare financing options.
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