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 is $417,000 for a single family, owner occupied residence and veterans are now eligible to use the loan as a lifetime benefit.

The program is designed specifically to provide veterans the lowest interest rate possible.  ODVA takes pride in achieving consistent high levels of customer satisfaction, and makes every attempt to be flexible and provide and easy application process.

Current Rates:


Home Insurance:

The ODVA’s Loan Cancellation Life Insurance is group term insurance underwritten by Standard Insurance Company. Visit ODVA’s Standard Insurance site for more information.

The ORVET Home Loan is a product of the Oregon Department of Veterans’ Affairs | 700 Summer St., NE, Salem, OR 97301  |  503-373-2085  |

New Loans and Eligibility: Toll Free  888-673-8387  |  503-373 2051  |

Loan Servicing, Customer Services, Payoffs, Property Management: Toll Free  800-633-6826  |  503-373-2373


Underwriting Synopsis

ORVET Home Loan is underwritten to Fannie Mae standards. See loan synopsis here: 


Forms for Mortgage Lenders
Forms for Mortgage Brokers
* The definition of an application under TRID consists of the submission of the following six pieces of information: The consumer's name, the consumer's income, the consumer's social security number to obtain a credit report, the property address, an estimate of the value of the property, and the mortgage loan amount sought.

For additional information on TRID, please refer to the Consumer Finance Protection Bureau website, TILA-RESPA Integrated Disclosure rule implementation:

For additional information on changes to the ORVET Home Loan submission process, please refer to: