An Overview Downpayment Assistance Programs (DAPs) are intended to help eligible borrowers come up with the cash they need to close the loan.
Most downpayment assistance programs are limited to serving low-income first-time homebuyers, who earn 80% of the area median income or less adjusted for household size. OHCS sponsors two programs as described below.
HPAP is a statewide downpayment and closing cost assistance program specifically for low-income first-time homebuyers. English Brochure En Espanol Program Income Limits
For more information, contact a Lender or the Oregon Banker's Association at (503) 581-3522 to find out about upcoming classes in your area.
