First Time Home Buyer Program in Oregon

By
Real Estate Broker/Owner with BuyersAgentPortland.com | (503) 810-7192 Portland Metro Exclusive Buyers Agent | 100% Buyer Representation ~ 100% of the Time Licensed State of Oregon

First time home buyer program in Oregon

First time buyer program in OregonThere's, sadly, not a lot of resources in our State for first time home buyers.  But, I do know of a grant program offered to first time buyers program in Oregon.

To be eligible for the grant for the first time buyer program in Oregon

To be eligible for a grant first time buyer program in Oregon, borrowers must:

• Be qualified as a first-time homebuyer

• Occupy the property they purchase as their principle residence

• Not have household income over 100% of the area median income in the country where they purchase their home. Median income varies by county - the lender can give information on specific limits

• Be able to qualify for a standard mortgage loan product

• Have no more than $10,000 in liquid assets left after loan closing

• Successfully complete an approved homebuyer education course

• Be a legal Oregon resident or be pursuing permanent residency

First time home buyer program in Oregon offers a modest grant to qualified home owners.

If you're a first time home buyer in Oregon, this might be a good first time home buyer program in Oegon that you might want to consider.

Posted by

Buyer Focused ~ Buyer Results

 

Representing Buyers in the Portland Metro Real Estate Market | Clackamas Multnomah and Washington Counties | Since 1999

Carla Muss-Jacobs, REALTOR®, ABR, CEBA, ePro
Principal Broker/Owner

Direct: 503-810-7192 | BuyersAgentPortland.com | Carla@BuyersAgentPortland.com

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Topic:
Home Buying
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Oregon
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Portland Metro Real Estate
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first time home buyer in oregon

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Rainer
106,259
Farooq Khan
Real Estate Broker - CDPE
Pacific Realty Partners

Carla, Here in California we have great first time home buyer programs. Specially in the San Francisco Bay area. Like city of Oakland provides upto $75,000 to first time home buyers for down payment assistance. Santa clara county provides upto $60,000 in First time buyer down payment assistance. Great programs.

November 20, 2010 06:59 PM
Rainmaker
598,840
Donne Knudsen
CalState Realty Services
Los Angeles & Ventura Counties in CA

Carla - As you very well know, its expensive to live here so we are extremely fortunate to have a handful of these programs all over both Los Angeles & Ventura counties.  For our first timers here, they need all the help they can get to buy a home. 

November 20, 2010 07:10 PM
Rainmaker
1,249,204
Carla Muss-Jacobs, Principal Broker/Owner
Buyer Focused ~ Buyer Results
BuyersAgentPortland.com | (503) 810-7192 Portland Metro Exclusive Buyers Agent | 100% Buyer Representation ~ 100% of the Time

Hi Farooq . . . WOW, that's great!  I wish we had more programs.  Good thing to blog about!! :-)

Hey Donne -- yes, quite expensive -- SO . . . move to Portland!!  HA HA HA

November 20, 2010 07:24 PM
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Rainmaker
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Carla Muss-Jacobs, Principal Broker/Owner

Buyer Focused ~ Buyer Results
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