‘Great Northwest Home Rush’ Offers Mortgages Below 4 Percent

Does that headline turn you on? A mortgage below 4%? Where? How do I sign up? According to an article posted on Inman News, “a small bank in the Pacific Northwest is hoping to boost sales for builders who owe the bank millions by offering mortgages to new homebuyers at less than 4 percent interest.”

OK, what’s the catch? The catch is the properties are located in areas of Oregon and Washington such as Battle Ground, WA; Beverton, OR; Bend, OR; Camas, WA; Clackamas, OR; Portland, OR; Hillsboro, OR; Lake Oswego, OR; Redmond, OR; Tigard, OR; Vancouver, WA, and others.

Called the “Great Northwest Home Rush,” Banner Bank and their builder partners are offering mortgage rates as low as 3.875%, but this offer is only good between March 7-22. Here is the complete list of Great Northwest Home Rush properties.