Oregon Down Payment Assistance

11 Programs
to Help You Buy a Property
in Oregon

Grants, forgivable loans, and subsidized mortgages — many Oregon buyers qualify for $160,000+ in assistance and don't even know it.

Find your programs →
4
State programs
7
Federal programs
$0
Cost to search

Oregon Programs

Click any program for full details, eligibility, and how to apply.

OHCS Down Payment Assistance Oregon
$60,000

Up to $60,000 or 20% of price. Grant or forgivable. For first-time and first-generation buyers under 100% AMI.

Grant / ForgivableHouse-hack eligible
OHCS Flex Lending FirstHome Oregon
4-5% DPA — forgivable if under 80% AMI

4-5% of loan amount as DPA. Forgivable for buyers under 80% AMI. First-time buyers only.

Forgivable loanHouse-hack eligible
OHCS Flex Lending NextStep Oregon
4-5% DPA — repeat buyers welcome

4-5% DPA for ANY buyer — not limited to first-time. Forgivable or repayable depending on income.

DPA programHouse-hack eligible
Portland Housing Bureau DPA City of Portland
$100,000

Up to $80,000 ($100K in targeted areas). 0% interest, no payments, 30-year deferred second mortgage.

Deferred 0% loan
FHA Loan Federal
Saves ~$33,000 on a $200K home vs 20% down

3.5% down payment with 580+ credit. The most popular first-time buyer loan in America.

Subsidized loanHouse-hack eligible
VA Loan Federal
$0 down + no monthly mortgage insurance

Zero down payment, no PMI for eligible veterans and active-duty service members.

Federal benefitHouse-hack eligible
USDA Rural Development Loan Federal
$0 down, lower fees than FHA

Zero down payment for rural and suburban areas. 97% of US land qualifies.

Subsidized loan
Fannie Mae HomeReady Federal
3% down + reduced PMI rates

3% down with reduced mortgage insurance for low-to-moderate income buyers.

Subsidized loanHouse-hack eligible
Freddie Mac Home Possible Federal
3% down + flexible funding

3% down with flexible funding sources including gifts and employer assistance.

Subsidized loanHouse-hack eligible
NACA Program National
$0 down + $0 closing + $0 PMI + below-market rate

No down payment, no closing costs, no PMI, below-market rate. Character-based lending.

Nonprofit programHouse-hack eligible
HUD Good Neighbor Next Door Federal
50% discount on HUD homes

50% off purchase price for teachers, law enforcement, firefighters, and EMTs.

Grant
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Frequently asked questions

What down payment assistance programs are available in Oregon?

There are 4 state-specific programs and 7 federal programs available in Oregon, totaling 11 programs.

Do I need to be a first-time buyer to get DPA in Oregon?

Not all programs require first-time buyer status. Several Oregon programs are available to repeat buyers. 'First-time buyer' means you haven't owned a home in the past 3 years.

Can I use DPA to buy a multi-unit property?

Yes. Many DPA programs allow 1-4 unit properties. Live in one unit and rent the others — this is called house-hacking.

Nearby states

Washington (6)California (9)Nevada (2)Idaho (2)