Oregon Housing and Community Services Down Payment Assistance

Oregon Housing and Community Services

Available Down Payment

About This Program

Second mortgage down payment assistance loan for first-time homebuyers in Redmond purchasing homes within Oregon Housing limits. Loan is forgiven after 10 years of owner-occupancy. Must be used with an OHCS first mortgage loan.

Forgivable second mortgage for down payment and closing costs

Official program page checked live on 2026-06-17.

Data last verified 2026-06-09. How we verify our data.

Key Details

  • Forgivable loan up to $30,000 for down payment
  • For first-time homebuyers in Redmond
  • Forgiven after 10 years of owner-occupancy
  • Must use with OHCS first mortgage
  • Income and purchase price limits apply

How to Apply

A grant-savvy contractor in Redmond, OR can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Your application paperwork

Documents you will likely need

  • Proof you own and live in the home (deed, recent mortgage statement, or property tax bill).
  • A government-issued photo ID for every owner on title.
  • Household income proof (recent pay stubs, last year's tax return, or benefit award letters for everyone in the home).
  • The program's own application form, completed (use the official link or phone number on this page).

Requirements vary by program and locality. Confirm the exact rules on the official program page. We can help you prepare your paperwork, but you submit it yourself.

Deadline: Ongoing through participating lenders

Questions about this program?

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