Oregon Down Payment Assistance (DPA) program
Oregon Housing and Community Services offers Down Payment Assistance (DPA) program to first-time buyers in Oregon: up to 20% of the price, at most $60,000, as a grant or forgivable loan.
- Amount
- Up to 20% of the price, at most $60,000
- Kind of help
- Grant or forgivable loan
- First-time buyers only
- Yes
- Homebuyer course
- Required
How is Oregon Down Payment Assistance (DPA) program paid back?
Grant or forgivable loan: sometimes given as a grant, sometimes as a second loan that can be forgiven.
A grant is money you never pay back, as long as you keep to the program's rules.
A forgivable loan is written off once you have kept the home and its first mortgage for the years the program sets.
Who qualifies for Oregon Down Payment Assistance (DPA) program?
- Household income can be no more than 100% of the area median income (AMI).
- Only for first-time buyers (usually no home owned in the past three years).
- A homebuyer education course before you buy.
Most limits follow your county and household size. Our HUD income limits lookup shows your area's median income and where your household sits.
How to apply for Oregon Down Payment Assistance (DPA) program
- Oregon Housing and Community Services pays this help out through its approved lenders, so you apply with one of them, together with your home loan.
- The lender checks your income, credit and the home against the program's rules and reserves the money for you.
- The help is paid at closing, toward your down payment and closing costs.
Read the full rules and whether it is taking applications on Oregon Housing and Community Services's page for Down Payment Assistance (DPA) program, or pick a lender from the agency's list of participating lenders.
Ask a lender about Oregon Down Payment Assistance (DPA) program
Tell us where you're buying and a lender that works with Oregon's programs can tell you whether Oregon Down Payment Assistance (DPA) program fits you, and what you could combine with it.
Rather not call? Send your details and the lender will reach you.
Other first-time buyer programs in Oregon
- Oregon Home Ownership Assistance Program (HOAP) / Veteran DPA: up to $60,000, grant.
- Oregon FirstHome (Flex Lending): up to 5% of the home loan, forgivable or repayable loan.
- Oregon NextStep (Flex Lending): up to 5%, forgivable or repayable loan.
All Oregon first-time home buyer programs · Down payment assistance in every state