Oregon First-Time Home Buyer Programs 2026
$15,000 DPA available through Oregon Housing and Community Services (OHCS). OHCS OR Bond Residential Loan offers below-market rate + up to $15K DPA.
Max Assistance
$15,000 DPA
Type
0% deferred loan
Min Credit
640+
Max Home Price
$500,000
Ready to apply for Oregon assistance?
Get pre-approved in minutes — your lender will connect you with OHCS programs automatically.
Oregon First-Time Buyer Programs Comparison
| Program | Max Assistance | Type | Min Credit | Income Limit |
|---|---|---|---|---|
| OR Bond Residential Loan Best statewide program | $15,000 | 0% deferred | 640+ | $92K–$131K |
| Portland DPA Portland specifically | Up to $80,000 | Forgivable after 5 yrs | 620+ | $80% AMI |
Eligibility Requirements
- ✓640+ credit score
- ✓Income within limits by county
- ✓Homebuyer education required
- ✓Primary residence in Oregon
Pro Tip
Portland has exceptional city programs. Statewide: Portland, Salem, Eugene, Gresham, Hillsboro.
How to Apply for Oregon Programs
Get Pre-Approved
Work with a OHCS-approved lender. They handle the state program paperwork for you.
Complete Education
Take the required homebuyer education course (online, ~6 hours, ~$75). Required by most state programs.
Close & Get Funds
The 0% deferred loan is applied at closing — you don't pay extra at the table.
Official Agency
Oregon Housing and Community Services
OHCS — Oregon official housing finance authority
Frequently Asked Questions
What is the best first-time home buyer program in Oregon?
The best program in Oregon is the OR Bond Residential Loan, which offers $15,000 as a 0% deferred. Minimum credit score: 640. Income limit: $92K–$131K.
How much down payment assistance is available in Oregon?
Oregon offers up to $15,000 DPA through Oregon Housing and Community Services (OHCS). The assistance is structured as a 0% deferred loan. Income limits are $92,000–$131,000 depending on household size and county.
What credit score do I need for Oregon first-time buyer programs?
Most Oregon programs through OHCS require a minimum credit score of 640. Some programs may accept lower scores with compensating factors. Check with an OHCS-approved lender for your exact score requirements.
What is the income limit for Oregon first-time buyer programs in 2026?
In 2026, Oregon income limits are $92,000–$131,000 depending on household size and county. The home price limit is $500,000. These limits are set by Oregon Housing and Community Services.
Don't Leave $15,000 DPA on the Table
Pre-approval is free. Your lender will apply for OHCS programs automatically — no extra work for you.
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