About the Program. Oregon Bond Residential Loan Program provides competitive rates helping eligible families increase their home purchasing power and keep ...
Oregon Housing and Community Services : Homeownership Lending
www.oregon.gov › ohcs › pages › lending
Home Loan Programs. Oregon Housing and Community Services (OHCS) has two home loan programs offered by approved lenders throughout the state: Flex Lending ...
People also ask
Who is eligible for the Oregon Homeowner Assistance Fund?
For the Ongoing Payment Relief program: Homeowners must be at or below 100% area median income or 100% of the median income for the United States, whichever is greater.
How to buy a house in Oregon with no money down?
Oregon home buyer stats
"Minimum" down payment assumes 3% down on a conventional mortgage with a minimum credit score of 620. If you're eligible for a VA loan (backed by the Department of Veterans Affairs) or a USDA loan (backed by the US Department of Agriculture), you may not need any down payment at all.
What is the income limit for the Oregon Flex?
Max Qualifying Income- $125,000. The kicker with this is we can EXCLUDE other household members if needed. Only the income needed to qualify on the loan counts toward the limit. Zero down payment needed out of pocket.
What qualifies as a first time home buyer in Oregon?
For most programs offered in Oregon and elsewhere, applicants are considered first-time homebuyers if they haven't owned a home for the past three years. However, in some programs, you may qualify even if you have owned a home within that time frame.
Programs for Homebuyers. For Homebuyers. Homebuyer Counseling · Down Payment Assistance · Loan Programs. Program Support For Homeowners. For Homeowners. Housing ...
OHCS Lending Programs paired with DPA - Down payment assistance paired with our lending programs helps Oregonians buy homes in partnership with our approved ...
Paired with down payment assistance (DPA), Flex Lending helps Oregonians buy homes in partnership with our approved mortgage lenders. The Flex Lending Program ...
The Oregon Bond Residential Loan Program requires specific documentation from lenders. You can access the required manuals, forms, worksheets, guides and ...
There are many viable options available through your servicer for most Oregon homeowners. HAF may not be the best option for homeowners and obtaining HAF ...
Oregon Housing and Community Services provides resources for Oregonians to reduce poverty and increase access to stable housing. Our intentional focus on ...
Forebearance resources; Direct foreclosure prevention services; Support services for homeowners; Fixed-income mortgage assistance; Default mortgage assistance
OHCS' Homeownership Development Programs aim to increase the supply of affordable homes for purchase by Oregonians with low to moderate incomes across the state ...