Feeling hesitant on buying your first home? In Portland’s exploding real estate market, historically, you will have an average net profit of $283,249 on your investment - in just 5 years of owning your home. However, we also know that people struggle to come up with that hefty downpayment, so we’re here to help. 

Here are 5 ways to get assistance on down payments: 

1. Loans

Obtain a loan that is very lenient on student loan debt. 

2. Oregon Bond

Oregon Bond has deeply below-market interest rates that every first time home buyer wants.

3. Down Payment Assistance

There are downpayment assistance programs available for Portland, Clackamas County, and even statewide.

4. FHA 100%

FHA loans support people with a low or no down payment, as well as credit scores as low as 640.

5. Potential exceptions

Potential exceptions for the self-employed to use only the most recent year of tax returns - Since 1 out of every 10 Oregonians are self employed, there can often be exceptions on Conventional loans to use only one year of tax returns.