Skip to main content

Oregon State Flag An official website of the State of Oregon »

Homeownership Lending

Home Loan Programs

Oregon Housing and Community Services (OHCS) has two home loan programs offered by approved lenders throughout the state: Flex Lending and the Oregon Bond Residential Loan Program.

Competitive rates helping eligible families with a cash advantage or rate advantage loan through approved lenders

A first-of-its-kind lending program providing homeownership opportunities for low- to moderate-income Oregonians

The Oregon Residential Bond Loan Program provides competitive rates helping eligible families increase their home purchasing power and keep their monthly house payments affordable. Through an approved lender, a homebuyer can apply for either a cash advantage or rate advantage loan. Visit the Oregon Residential Bond Program website to learn more about how to apply, approved lenders, current rates, FAQ, and more.

The Flex Lending Program provides a fixed-rate first mortgage in combination with a second mortgage in the form of either a silent forgivable second lien or an amortizing repayable second lien. Visit the Flex Lending website to learn more about the Flex Lending Program including current rates, approved lenders, fliers in multiple languages, and more.