Business Details
22 Years
experience
Your Trusted Mortgage Broker in Portland, OR
Founded in 2004, Alterna Mortgage has established itself as a trusted alternative to traditional banks in the mortgage industry. With over two decades of experience since entering the mortgage business in 1998, our team prioritizes personalized service, competitive rates, and transparent communication. We specialize in connecting borrowers with tailored mortgage solutions, leveraging our local expertise in Portland, Oregon, while maintaining a streamlined process that eliminates unnecessary overhead.Our commitment to maintaining a family-oriented atmosphere ensures clients receive individualized attention throughout the home buying or refinancing journey. By focusing on direct access to the owner and a simplified application process, we aim to deliver efficient, client-centric mortgage services that prioritize long-term relationships over transactional interactions.
Services
Mortgage Brokerage
Cash-Out Refinancing
Home Purchase Loans
Refinance Loans
Pre-Approvals
Loan Processing
Credit Counseling
Rate Lock Services
Closing Assistance
Loan Comparisons
Details
- Year established: 2004
Highlights and features
- We provide direct access to the owner throughout the mortgage process.
- Our local market expertise focuses exclusively on Oregon real estate needs.
- We maintain lower fees and competitive rates compared to large institutions.
- We offer personalized service with over 25 years of mortgage industry experience.
- Our streamlined process eliminates unnecessary overhead while maintaining quality.
Associations and certifications
- NMLS
Services
Mortgage Brokerage
We connect borrowers with tailored mortgage solutions through our broker network. Our services include loan origination, rate comparisons, and personalized guidance throughout the application process. With access to multiple lenders, we help clients find competitive rates and terms that match their financial situation while maintaining transparent communication.
Cash-Out Refinancing
We offer cash-out refinancing options that allow homeowners to access equity in their properties. This service provides funds for debt consolidation, home improvements, or other financial needs while potentially lowering existing mortgage rates. Our process includes detailed analysis of loan-to-value ratios and repayment capabilities to ensure responsible lending practices.
Home Purchase Loans
We specialize in mortgage solutions for home buyers with varying credit profiles. Our services include pre-approvals, loan program comparisons, and guidance through the entire purchase process. We offer competitive rates and personalized support from application to closing for first-time and experienced home buyers in Oregon.
Refinance Loans
We provide refinancing options to help homeowners reduce monthly payments, shorten loan terms, or access better interest rates. Our process includes detailed analysis of current mortgage terms versus market offerings, with personalized recommendations based on individual financial situations and long-term goals.
Pre-Approvals
We offer fast pre-approval services that help potential home buyers understand their purchasing power. This service includes credit evaluation, income verification, and debt-to-income ratio analysis to provide accurate loan amount estimates before house hunting begins, strengthening buyers' positions in competitive markets.
People
Scott Bennett
Owner
With over 25 years in the mortgage industry since 1998, Scott founded Alterna Mortgage in 2004 to provide an alternative to big banks. He maintains direct client involvement while ensuring personalized service and competitive mortgage solutions for Oregon residents.
Questions
How does Alterna Mortgage differ from traditional banks?
We offer personalized service with direct access to the owner, lower fees, and competitive rates without the overhead of large institutions while maintaining the same loan programs.
What mortgage services do you offer?
We provide home purchase loans, refinance options including cash-out refinancing, pre-approvals, and tailored mortgage solutions for various credit profiles across Oregon.
How does your mortgage process work?
Our streamlined process includes initial consultation, loan program comparison, application assistance, and direct communication throughout, typically closing in less than 30 days.
Do you service areas outside Oregon?
We focus exclusively on Oregon real estate needs, maintaining local market expertise while offering competitive rates comparable to national lenders.
How can I get started with a mortgage application?
Contact us directly at 503-703-4699 or via email to receive an honest quote and begin the pre-approval process with our experienced mortgage professionals.
Videos
Reviews (4)
Nathan Siemer
Oct 21, 2019
Report
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.
Marcus Holman
Jun 06, 2019
Report
Scott is a life saver! He was with us from start to finish, we would have been lost without him. Thank you so much Scott for all your help!! We are so happy in our new home.
Eric Gardner
Apr 28, 2019
Report
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
Report
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
