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Since 1946, the Oregon Department of Veterans' Affairs has helped more than 334,000 veterans realize their dreams of owning a home, loaning over $7.5 billion to veterans. ODVA offers a state veterans' home loan that is an additional and distinctively separate benefit from the Federal VA Home Loan Guaranty Program. The current maximum loan amount for a single family, owner occupied residence is $417,000 or a veteran's remaining eligibility amount if there has been a previous ODVA loan. The program is designed specifically to provide veterans the lowest interest rate possible and is secured through special federal bonding only available to state home loan programs.
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