Portland sits at the intersection of two economic identities that most mortgage lenders aren’t equipped to serve simultaneously: the global headquarters district for Nike, Adidas, Columbia Sportswear, and Daimler Trucks North America, and the anchor of Oregon’s Silicon Forest — a technology corridor stretching from Portland through Beaverton and into Hillsboro where Intel alone employs more than 22,000 people. The professionals drawn to these employers aren’t conventional borrowers. They carry RSU vesting schedules, deferred compensation, executive bonuses, equity packages from publicly traded companies, and income structures that require a lender who understands how to document and qualify complex earnings — not one who defaults to W-2-only underwriting.
The Portland housing market reinforces the need for specialty financing. As of early 2026, the median sale price in Portland is approximately $525,000, well below the 2026 conforming loan limit of $832,750 for Multnomah County. But Portland is a city of neighborhoods, and the numbers diverge sharply once you move into the upper tier. Southwest Hills routinely clears $900,000. Dunthorpe — the unincorporated enclave south of Portland that draws CEOs, physicians, and professional athletes — features estate properties from $2 million to over $10 million. Irvington’s median list price is near $888,000. In the Pearl District, luxury penthouses and condominiums with Willamette River views regularly exceed $1 million. For buyers at these price points, conforming financing is a ceiling, not a tool.
Oregon Health & Science University (OHSU) adds another dimension entirely. As Portland’s largest single employer with over 21,000 employees, OHSU anchors an ecosystem of physicians, residents, fellows, and research faculty who graduate with significant student debt, earn strong incomes, and move into the housing market early in their careers. OHSU Hospital is a 576-bed Level I trauma center — one of only two in the state — and the only academic health center in Oregon. The OHSU School of Medicine’s faculty of 2,480 produces a continuous pipeline of newly credentialed physicians who need mortgage programs built around future earnings, not past tax returns. At Loans by Lehrman, that is precisely what we deliver.
Deep knowledge of Portland's upper-tier neighborhoods — Southwest Hills, Dunthorpe, Irvington, Pearl District, Laurelhurst, and the South Waterfront
Physician loan programs structured specifically for OHSU residents, fellows, and attending physicians at Legacy Health, Providence Health & Services, and Kaiser Permanente
Jumbo and super-jumbo underwriting for Portland's Silicon Forest executives — Nike, Intel, Adidas, Columbia Sportswear, Daimler Truck, and Precision Castparts
RSU and equity compensation income documentation for tech and apparel sector professionals
One-Time Close Construction loans for custom builds in Washington County, Happy Valley, Bethany, and Portland's urban infill neighborhoods
Rate-independent structuring — our guidance doesn't change with the market cycle
Available seven days a week for Portland's busy professionals
Full disclosure, no surprises — you understand every number before you sign
Licensed mortgage advisor: Ryan Lehrman, NMLS #235295
Portland’s upper-tier market begins where conforming lending ends. For properties above the 2026 Multnomah County conforming limit of $832,750, our jumbo programs offer competitive terms, flexible income documentation, and access to loan amounts suited for Portland’s premium neighborhoods and the greater metro luxury corridor from Lake Oswego to the West Hills.
For Dunthorpe estates, custom builds in the Portland West Hills, and executive properties that reach well above $2 million, our super-jumbo programs address the full complexity of high-net-worth borrowing — including asset depletion, jumbo ARMs, and construction-to-permanent structures for custom homes.
Portland’s medical community — anchored by OHSU’s 576-bed Level I trauma center, Legacy Health’s 13,000-employee network, and Kaiser Permanente’s 12,000+ providers — deserves mortgage financing designed for how physicians actually earn. Our physician loan programs eliminate PMI, accommodate student debt, and work with offer letters for physicians who are starting or transitioning positions.
Portland and the surrounding metro area have active new construction across multiple price tiers — from Taylor Morrison’s Bethany Crossing townhomes and Toll Brothers’ Thompson Woods to custom builds in Portland’s urban infill sites. Our One-Time Close Construction program locks your rate and closes once, eliminating the uncertainty of two-step financing.
Oregon has no state sales tax — a meaningful financial advantage for high-income earners making significant purchases. However, Oregon does carry a progressive state income tax, with the highest marginal rate applying to upper earners. Portland buyers relocating from Washington state, Nevada, Texas, or Florida are often surprised by the effective tax differential. Understanding how Oregon’s tax structure affects take-home pay, qualifying income, and long-term financial planning is part of the conversation we have with every Portland client before structuring a loan.
Portland’s “Silicon Forest” — the technology and manufacturing corridor anchoring Washington County — generates a distinctive borrower profile unlike almost any other market in the Pacific Northwest. Intel engineers, Nike product designers, Adidas executives, and Columbia Sportswear supply chain professionals often combine base salary with restricted stock units, performance bonuses, and employer equity programs. Documenting two years of RSU vesting history, calculating blended income from salary and bonus, and working with lenders who understand tech-sector compensation structures is not a specialty for every mortgage advisor. It is a foundation for ours.
Nearly a third of Oregon’s practicing physicians completed all or part of their training at OHSU. The result is a robust, concentrated market of medical professionals who are buying their first homes during residency, upgrading during fellowship, and settling permanently once attending roles are confirmed. OHSU’s South Waterfront campus and Doernbecher Children’s Hospital on Marquam Hill — connected by the iconic Portland Aerial Tram — create a geographic anchoring effect for physician homebuying in adjacent neighborhoods including South Portland, Johns Landing, and the Pearl District. Our physician loan programs are designed to serve this market from residency through career peak.
The 2026 conforming loan limit for Multnomah County — which includes Portland — is $832,750 for a single-family home. Oregon does not have any high-cost counties, so this baseline limit applies statewide. Loans above this threshold are classified as jumbo mortgages and require a lender with dedicated jumbo underwriting capacity.
Yes. Our physician loan programs are specifically structured for early-career medical professionals, including residents and fellows at OHSU, Legacy Health, and Providence Health & Services. We can qualify borrowers using offer letters, accommodate elevated student debt-to-income ratios, and eliminate private mortgage insurance — even with less than 20% down.
For Portland borrowers at Intel, Nike, Adidas, Columbia Sportswear, and other Silicon Forest employers, RSU income is typically included when there is a documented two-year vesting history and reasonable expectation of continuance. We work with borrowers to structure documentation packages that accurately reflect total compensation without requiring the same vesting history some conventional programs demand.
Southwest Hills (median prices well above $900,000), Dunthorpe (estates from $2 million to $10 million-plus), Irvington (median near $888,000), Laurelhurst, and upper-tier Pearl District condominiums frequently require jumbo or super-jumbo financing. The South Waterfront and West Hills also generate consistent demand for non-conforming loan amounts.
I’m here to support you every step of the way. If you’re ready to turn your home financing goals into your new reality, let’s work together.
Originally from Harrisburg, Pennsylvania, I moved to Phoenix to attend Arizona State University and have proudly called Phoenix home ever since.
My journey into the mortgage industry began with a friend’s encouragement, who saw how my energy and people-first mindset could make a difference. He was right — I found my calling.
I’ve always embraced what makes me different. With ADHD as my secret weapon, I thrive in fast-paced, detail-heavy environments. I’ve built my career on clear communication, creative problem-solving, and putting clients first, always.
Outside of work, my greatest motivation is my wife and three amazing kids. I’d be honored to help guide you through your lending journey with care, clarity, and commitment.
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