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| Oregon First Time Home Buyer |
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Oregon
First Time Home Buyer Oregon First Time HomeBuyer FHA Program
Please visit FHA mortgage limits if your Metro Area doesn't appear below.
VA Program
If you served during wartime for at least 90 consecutive days or
during peacetime for at least 181 consecutive days then you are
eligible for the VA Home Loan Program. If you are currently on
active duty then you are eligible for the program after 90 days of
active service. You are also eligible if you are on Reserve, as long
as you have served for at least six years, which can be
non-consecutive and in different branches of the Reserves. The
Reserve branches eligible for the VA Home Loan Program are Army
National Guard, Army Reserve, Air National Guard, Coast Guard
Reserve, Navy Reserve, Marine Corps.
Oregon USDA Rural Program
List of INELIGIBLE COUNTIES: Benton, Clackamas, Coos, Deschutes, Douglas, Jackson, Josephine, Klamath, Lane, Linn, Marion, Multnomah, Polk, Washington, and Yamhill. Visit USDA website to determine if a specific home is eligible for the program. You will need full address with zip code.
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surge of foreclosures and falling home prices is hurting Oregon’s chance of a
fast recovery. Home prices will fall about 15% in 2009 which means an Oregon
First Time Home Buyer can find a bargain basement deal on a home. Furthermore,
low interest rates and the $8,000 tax credit gives a first time home buyer more
incentive to buy now more than ever.