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Floating Homes

Live the good life in a home on the water.

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Row of floating homes on a River

Why Float?

Imagine stepping out onto your deck every morning with a slow-drip coffee in hand, enjoying the pristine view of the water and your kayak ready to go at your feet.

Whether you are drawn in by the water activities that will be right at your front door (like fishing, boating, and swimming) or because you want the relaxed lifestyle of feeling the water under your feet whenever you’re at home, there’s nothing like living on the water. We’re excited to help you live your best Northwest left!

kayak on a dock

Loan Options

We offer two different loan term options for owner-occupied, investment, and vacation floating homes located in Oregon.

15-Year Fixed-Rate Loan

7-Year Balloon Loan

If you’re not sure about which option to choose, don’t worry! We’ll work with you to determine whether a 15-year fixed-rate or 7-year balloon loan works best for you.

Contact us with Questions

Key Considerations

Floating Homes Are Not Real Estate

Floating homes aren’t on land, so they’re personal property rather than real estate. This means they don’t qualify for special home loan programs or low down payments.

20-30% Down Payment Required

Floating home loans require a 20-30% down payment plus loan costs, whether you get your loan at Trailhead or elsewhere. Your exact down payment will depend on your credit rating.


Floating Home Loan


Annual Percentage Rate

1% loan origination fee
Member pays third party closing costs
Purchase or refinance

15 year

7.00% – 9.25%

7 year balloon 

(30 year amortization)

7.50% – 9.75%

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Apply to purchase or refinance your floating home.

Have questions about our loans or floating homes? Call or email:


[email protected]

Visit any of our branches:

Old Town
221 NW 2nd Ave, Ste 100 | Portland, OR 97209

3904 N Mississippi Ave | Portland, OR 97227

3354 SE Division St | Portland, OR 97202

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