I have been in the mortgage business since 1998 working as a loan officer until opening up my own company Alterna Mortgage in 2004. I chose the name Alterna from the word Alternative. I want my company to be the alternative to big banks and high cost lenders. We have the same rates and terms available to us as any large corporation or bank.
Since we do not have the overhead we are able to pass the savings on to our clients. This means you get a lower rate and lower fees. I intend to keep us small enough to maintain our family atmosphere and outstanding personal service. Our clients are names and not just a number in a big bank.
Since we do not have the overhead we are able to pass the savings on to our clients. This means you get a lower rate and lower fees. I intend to keep us small enough to maintain our family atmosphere and outstanding personal service. Our clients are names and not just a number in a big bank.
Services
A. We look at your income, your debt, and your credit score to make sure you qualify for the loan that best fits you. A. Sometimes low credit scores are from errors in reporting. There are still a variety of loans out there but we can give you a plan to build your credit back up if need be. Also, if the Bankruptcy has been discharged over 4 years it will not count against you.
Mortgage Application - Fill out our online mortgage application. It is on a secure site, but if you feel uneasy please leave certain information blank. We can fill that out over the phone. If you would rather complete the application over the phone or in our office, please just call us at 503-703-4699 or email Scott@altmo.com to set up a time.
Home values are through the roof and rates are still very low. Higher home values and interest rates as low as they are means you may be able to refinance with some cash out to pay off high interest debt. You might even be able to reduce your monthly mortgage payment at the same time. If you don't have high interest credit card debt to pay off, it might be a good time to get a jump start on summer projects around the house.
Of course there are still day-to-day fluctuations in the market, but mortgage refinance rates remain at historic lows. In many cases, homeowners looking to pay off their mortgages sooner may find 10-year rates particularly appealing. You may want to act quickly, as Fannie Mae and Freddie Mac both forecast rates are likely to rise by the end of the year.
Reviews (4)
Nathan Siemer
Oct 21, 2019
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I recently worked with Scott on a home purchase and was very impressed with his responsiveness and overall professionalism. He was willing and eager to answer questions or explain any and all parts of the process. He was happy to interact directly with the listing agent if needed which often saved me time.
I would highly recommend Alterna Mortgage and would gladly use Scott again in the future.
I would highly recommend Alterna Mortgage and would gladly use Scott again in the future.
Marcus Holman
Jun 06, 2019
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Eric Gardner
Apr 28, 2019
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I recently did my first refi with Scott at Alterna Mortgage and am very impressed. He was always quick to respond and patient with my questions. I wanted to close on a very tight timeline with a custom term and he was able to make it all happen. I had a really good experience with the whole process and would highly recommend him to anyone!
Alex Safadi
Apr 05, 2019
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The loan officer in the loan processor Scott that help me refinance my home loan was extremely knowledgeable professional and always made himself available if I had questions or concerns, he went above and beyond to listen to me to ensure my needs were met and that I was satisfied with the final outcome. This was a pleasant experience that I would definitely recommend to anyone
