Oregon First Time Home Buyer Grants and Loan Programs





Oregon first time home buyer grants and loan programs - Oregon Housing and Community Services (OHCS) offers several programs for first time home buyers.

OHCS provides a residential loan program first time home buyers of a single family home. The program offers a below-market rate home loan/mortgage, which is made possible through the sale of tax-exempt mortgage revenue bonds. Eligible buyers must meet certain income requirements and the home loans are usually .75 percent to 1 percent below the market rate. Assistance is also offered for a downpayment and closing costs.

OHCS also offers a Housing Rehabilitation Program (HRP) which helps eligible low income buyers buy, repair and maintain a home. The homes purchased are usually limited rural areas of Oregon.

Another program offered by OHCS is a Home Ownership Assistance Program (HOAP), which offers grants to organizations that help eligible home buyers. The grants are available to low income home buyers and can be used for a downpayment and closing costs.

To see if you qualify for any of these programs, check out the OHCS website.







Go from Oregon First Time Home Buyer Grants and Loan Programs to the Home Page