Fix and flip loans in Oregon, funded in 48 hours.

Yes. PML funds fix and flip loans in all 50 states, with active flipper books in Portland, Eugene, Salem, and Gresham. Single-family, duplex, triplex, and fourplex properties. Loan size from $100,000 to $5,000,000 per asset, with cross-collateralized facility lines available for sponsors running three or more concurrent Oregon projects. No state-line carve-outs on pricing or leverage; a Multnomah County flip prices off the same rate sheet as a Washington County flip.

Oregon does not require a separate state lender license for business-purpose loans on 1 to 4 unit non-owner-occupied investment property held by an entity. PML originates Oregon fix and flip loans under that posture, with closings handled through the customary Oregon closing process. Loans are not consumer mortgages; they cannot be used for a primary or secondary residence. The borrower is always an LLC, LP, or corporation, never a natural person.

The bulk of Oregon fix and flip activity in our book lands in a $375,000 to $725,000 ARV band, with loans typically between $300,000 and $585,000 on a single asset. Portland and Beaverton skew toward the lower half of that band on entry-level cosmetic flips; Northwest Portland and Lake Oswego stretch to $1,250,000 plus on full-gut projects. We will write an Oregon loan as small as $100,000 and as large as $5,000,000.

Oregon is a title-company and escrow state. Closings happen at a licensed escrow office working alongside a title insurance underwriter — functionally one closing, two licensed parties on the file. PML has working relationships with escrow companies in every major Oregon metro. A clean Oregon file regularly closes 5 to 7 business days from term-sheet acceptance.

Oregon does not impose a state real estate transfer tax; Washington County is the only Oregon county with a local transfer tax (0.1%). The buyer otherwise pays only county recording fees. PML’s quote on the HUD reflects the actual Oregon tax and recording schedule for the subject county; there are no lender markups on third-party closing costs.

Pacific Northwest rainy season (October through April) slows exterior scope work; many Oregon flippers schedule paint, roofing, and siding for the dry-season window. PML draws never pause for rain; the only weather-driven pauses are wildfire-smoke events at the construction site.

Oregon permits both judicial and non-judicial foreclosure depending on the deed instrument. Most business-purpose PML loans use a deed of trust with power of sale, allowing a non-judicial path of roughly roughly 180 days (non-judicial). As a sponsor this should never matter; as an underwriting input it shapes how our Oregon loans price.

The Multnomah County e-recording system normally posts a deed and deed of trust the same business day they are submitted. Other major Oregon metros (Eugene, Salem and Gresham) run similarly fast on e-recording. PML wires loan proceeds the day of close; the lien recording happens in parallel.

Yes. Oregon foreclosure sales may proceed either non-judicially (where a deed of trust with power of sale is in place) or judicially through the courts. PML can fund acquisitions from either path when title is clean, with a binding term sheet inside four business hours. For non-judicial Oregon sales, winning bid to wire in 7 to 10 calendar days is typical.

Yes. PML can close into a newly-formed Oregon LLC even if you took the property under contract in your personal name. The closing party handles the deed transfer at closing — the property moves from your personal name into the new entity simultaneous with the loan funding, with no Oregon transfer tax to absorb. We do not lend to natural persons; the borrower is always an entity. We can help structure the entity if you do not yet have one in place.