Great Lakes Private Lending for Oregon investors
Great Lakes Private Lending is a smaller regional private money operator with Chicago and Wisconsin coverage.
Oregon context
Oregon SB 608 statewide rent control. DSCR economics challenged.
How Great Lakes Private Lending positions in Oregon
For Oregon specifically, Great Lakes Private Lending fits investors who match the private money approach. The low cash flow profile of Oregon aggregate makes it workable for Great Lakes Private Lending.
City-level coverage in Oregon
Great Lakes Private Lending provides DSCR coverage across Oregon metros including Portland, Eugene, and Salem. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Great Lakes Private Lending program terms apply uniformly across Oregon metros; the specific deal characteristics determine final pricing.
Terms and pricing
| Loan type | Private money |
|---|---|
| Products | fix-and-flip, bridge, rental, private notes |
| Loan size | $50K - $2.0M |
| Rates | 9.5%-12.5% |
| Points | 1.5 - 4 |
| Max LTV | 70% of ARV |
| Term lengths | 6-18 months |
| Typical close time | 5-10 days typical |
| Oregon property tax | 1% |
| Oregon state income tax | 9.9% |
Great Lakes Private Lending strengths in Oregon
- regional Midwest focus
- investor-friendly underwriting
Ideal borrower: Chicago or Wisconsin investor
FAQ
Likely; verify direct Oregon coverage. Great Lakes Private Lending is based in Chicago, IL and operates in Chicago and Wisconsin.
Portland is the top investor market in Oregon and is generally within Great Lakes Private Lending Chicago and Wisconsin footprint. Portland property tax follows the Oregon state rate of 1 percent. Great Lakes Private Lending typically underwrites Portland acquisitions at standard rate sheets.
Yes. Eugene ranks among the larger Oregon investor metros and sees consistent DSCR loan volume from Great Lakes Private Lending. Submarket variation within Eugene matters for property selection.
Great Lakes Private Lending applies the same rate sheet across Oregon metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Portland, Eugene, and Salem all qualify for the same Great Lakes Private Lending program.
Great Lakes Private Lending indicative DSCR rate range is 9.5 to 12.5 percent with 1.5 to 4 points.
Oregon SB 608 statewide rent control. DSCR economics challenged. Great Lakes Private Lending follows standard business-purpose loan structures.
Great Lakes Private Lending funds fix-and-flip, bridge, rental, private notes in Oregon.
Oregon allows standard DSCR prepay structures; Great Lakes Private Lending typically uses 3-5 year step down.
Great Lakes Private Lending typical close: 5-10 days typical.
Bottom line
Oregon investors considering Great Lakes Private Lending should verify current rate sheets directly and confirm specific submarket coverage.
Independent directory listing. DSCR Loan Program is not affiliated with Great Lakes Private Lending.