Floating Homes

I am not complaining!! Banner Bank finally responded to floating home Brokers to re evaluate their mortgage rates and terms! This may loosen up the market for fabulous floating homes in the Portland area. The new rates are in line with the super rates available for on land homes.

Banner is offering 6% purchase loans if you have excellent credit and a down payment. Folks who are looking at the floating home life style are typically good credit risks. They are conservative financially, employed, have some money (because it just costs more to buy into this cool lifestyle) and pay their bills.

If you have ever considered living on the water…now is a great time to take a deeper look! There are some fantastic prices of these unique, historical homes.

Cover image courtesy of EvenConstruction.com.