Business Details
14 Years
experience
Your Trusted Mortgage Broker in Bend, OR
Options Financial Residential Mortgage Residential Mortgage, a division of The Turnkey Foundation Inc., has been dedicated to transforming the home buying experience since its inception. Our mission centers on empowering clients with comprehensive knowledge and personalized guidance to navigate mortgage decisions confidently. With expertise spanning conventional loans, FHA/VA programs, jumbo mortgages, and specialized initiatives like the STaR Loan for educators and first responders, we prioritize long-term financial partnerships over transactional relationships.Our team of seasoned professionals provides market-specific education, demystifies real estate jargon, and offers tailored loan comparisons to ensure informed decisions. Licensed across five western states, we combine local market insights with national lending standards to support first-time buyers, move-up homeowners, and investment property purchasers. Through innovative programs like the 18-day Close and SecureLock rate protection, we streamline the path to homeownership while maintaining rigorous compliance with Equal Housing Lender regulations.
Services
Conventional Loans
FHA Mortgages
VA Loans
USDA Financing
Jumbo Mortgages
Construction Loans
Renovation Loans
Reverse Mortgages
Second Mortgages
Down Payment Assistance
Details
- Year established: 2012
Highlights and features
- We offer 10+ specialized loan programs for diverse financial situations
- Our 18-day Close program accelerates home purchase approvals
- SecureLock technology protects rate guarantees during home shopping
- Team includes NMLS-registered professionals with regional market expertise
- We provide free educational resources for mortgage decision-making
Associations and certifications
- NMLS
What people say
Knowledgeable staff
Personalized service
Down payment help
Smooth process
Expert guidance
Services
FHA Mortgages
Federal Housing Administration loans enable low-to-moderate income borrowers to purchase homes with minimal down payments. These mortgages require 3.5% down payment with flexible credit requirements, making homeownership accessible for first-time buyers. FHA loans feature fixed or adjustable rate options across 10-30 year terms while requiring mortgage insurance premiums.
VA Loans
Department of Veterans Affairs guaranteed loans offer zero down payment options for eligible military personnel and veterans. These mortgages feature competitive interest rates, no private mortgage insurance requirements, and lenient credit standards. VA loans support both home purchase and refinance transactions for qualified service members.
Conventional Loans
Conforming loan programs follow Fannie Mae and Freddie Mac guidelines for borrowers with strong credit profiles. Available with fixed or adjustable rates, these mortgages require as little as 3% down payment while offering flexible term options. Conventional financing suits buyers seeking standard home purchase solutions.
Renovation Loans
203(k) loan programs combine purchase or refinance funds with additional capital for property upgrades. These mortgages assess future property value after renovations, allowing buyers to finance repairs and modernizations. Ideal for fixer-upper properties in desirable locations needing structural improvements.
Reverse Mortgages
Home Equity Conversion Mortgages (HECMs) provide cash advances to homeowners aged 62+. These loans convert home equity into tax-free funds without monthly repayment requirements. Proceeds can supplement retirement income, cover healthcare expenses, or eliminate existing mortgage payments.
People
Joel Morgan
Loan Officer
Bringing over 15 years of mortgage expertise, Joel specializes in first-time homebuyer programs and down payment assistance solutions. He focuses on Oregon market dynamics and affordable housing initiatives.
Bob DeWeese
Branch Manager
With 20+ years in residential lending, Bob oversees loan operations and team training. His experience spans complex loan scenarios including jumbo mortgages and investment property financing.
Victoria Garcia
Mortgage Consultant
Specializing in VA and USDA loans, Victoria assists military families and rural homebuyers. She holds certifications in credit rehabilitation strategies and first-time buyer education.
Questions
What mortgage programs does Options Financial offer?
We provide conventional, FHA, VA, USDA, jumbo, construction, renovation, reverse mortgages, and specialty programs like STaR Loans for educators. Our team explains each option's requirements and benefits.
Can I get pre-approved for a mortgage?
Yes, our pre-approval process evaluates your financial situation and creditworthiness to determine loan eligibility before house hunting begins.
Do you offer down payment assistance?
We partner with programs like the Chenoa Fund and GSFA to provide down payment assistance options for qualified borrowers through forgivable second mortgages.
What are current mortgage rates?
Rates fluctuate daily based on market conditions. Contact us for personalized rate quotes and lock-in options through our SecureLock program.
How does the refinance process work?
Our refinance evaluation compares your current loan terms with market rates to determine potential savings. We guide you through documentation and closing procedures.
Reviews (7)
Jamil Cubit
Jan 05, 2022
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The Options Financial team was amazing. Joel has a real gift for educating people on the ins-and-outs of your refi and presented some well thought out and creative solutions. The whole process was simple, prompt and accurate.
Jits Monster
Dec 15, 2021
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Derek and June worked through multiple offers with great attention to detail and were very helpful through the whole process. I can't thank them enough for helping us get into our new home.
Jeannine Crawford
Nov 20, 2021
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Thank you Options Financial for making my dream of owning a home come true. Joshua Behnka our loan officer walked us through the process and made sure we had all our questions answered. Joshua's attention to detail and explaining the processes made our journey as seamless as possible. With all Joshua's help he we're able to get the house closed 5 day's early. Thank you again Joshua and the team at Options Financial.
Esther Chance
Oct 02, 2021
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I cannot speak highly enough about Options Financial RM. The entire team was incredibly supportive throughout the entire process of buying our first home. At no point did these interactions feel transactional. Their team offered the best customer service that I think I have ever experienced. Our Loan Officer June De la Chica was informed, responsive, and personable throughout. We felt so at ease working with her, it was like having a trusted friend in your corner, and she helped us in so many ways. Whenever we had concerns or got confused, I knew I could call June, and she was so comforting, and
Pearson Maugeri
Sep 22, 2021
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This was my first home purchase and it was a fantastic experience with Options Financial. My loan officer, Josh Behnke, was very knowledgeable and explained all the steps involved very well. He was professional and an absolute delight to work with. 10/10 will work with him again!
Indira H.
Sep 03, 2021
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Joel and his team are exceptional lending company! I have turned to Options Financial on multiple occasions, for my clients as well as for my personal financing needs. And every time I'm amazed how professional, knowledgeable, helpful, and friendly Joel and his team are! They are not only about lending money; they put so much effort in educating new real estate buyers, first time home buyers, as well as those who have borrowed in the past. Special THANKS to June who was on top of everything with her regular updates, emailing and texting in a heart beat! I can't say enough about their business
Ryan Wood
Aug 14, 2021
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Andy Brunner is hands down the best loan officer we've ever worked with. Incredibly friendly, organized, efficient, and hard working. He kept us informed about every part of the process and took time to explain things and answer questions. He worked out a fantastic rate and helped us save a large about of money. I highly recommend working with him and Options Financial!
