Oregon Mortgage Guides 2026
This Oregon mortgage guide covers FHA limits by county, Oregon Housing and Community Services (OHCS) Flex Lending down payment assistance, USDA rural loans, VA resources for Oregon veterans and Guard members, and a complete closing cost breakdown — all in one place.
Everything You Need for an Oregon Home Purchase
Six in-depth guides covering every aspect of getting a mortgage in Oregon — from loan program selection to what you’ll pay at closing.
Oregon Mortgage Guide
FHA loan limits by county, loan program comparison, property tax overview under Measure 50, and how the Oregon housing market affects your financing options.
Read guide →Oregon First-Time Home Buyer Guide
OHCS Flex Lending (FirstHome and NextStep) down payment assistance, the Portland DPA program, and the state’s first-time buyer savings account.
Read guide →Oregon FHA Loan Requirements
2026 FHA limits for Portland-metro counties ($701,500), Bend-area counties ($718,750), Hood River County ($762,450), and the statewide floor of $541,287.
Read guide →Oregon VA Loan Requirements
VA entitlement, 2026 funding fee chart, and resources for Oregon National Guard members, Kingsley Field, and veterans statewide.
Read guide →Oregon USDA Loans
2026 USDA income limits for Oregon metro and rural counties, eligible areas outside Portland, Salem, and Eugene, and how zero-down USDA compares to FHA.
Read guide →Oregon Closing Costs Guide
Oregon’s statewide transfer tax prohibition (with one notable county exception), title and escrow customs, and a complete fee-by-fee breakdown for Oregon buyers.
Read guide →Key Oregon Mortgage Facts
FHA Loan Limits
- Most OR counties: $541,287
- Portland metro (Multnomah, Washington, Clackamas, Columbia, Yamhill): $701,500
- Bend metro (Deschutes, Crook, Jefferson): $718,750
- Hood River County: $762,450 (highest in state)
- Corvallis (Benton County): $615,250
Down Payment Assistance
- OHCS FirstHome: first-time buyers, with exceptions for veterans and targeted areas
- OHCS NextStep: any buyer, household income up to $125,000
- OHCS down payment assistance: 4% of the first mortgage (5% for Focused Demographics)
- Portland DPA: $80,000–$100,000, depending on funding source and location
- Must use an OHCS-approved participating lender
USDA Income Limits (2026)
- Standard limit: $122,800 (1–4 person) / $162,100 (5–8 person)
- Metro areas are assigned higher limits — verify your county
- FY2026 figures, effective July 13, 2026
Closing Cost Highlights
- No statewide real estate transfer tax — with one exception
- Washington County charges a local transfer tax: $1 per $1,000 of selling price
- Title companies and escrow handle closings; attorney optional
- Typical buyer costs: 2%–3% of purchase price
Buying or Refinancing in Oregon?
Oregon offers OHCS down payment assistance and Flex Lending programs that can cover most or all of your cash to close, but property taxes and closing costs vary sharply by county — Washington County is the only place in the state with a real estate transfer tax. Our guides above break down all of it, and every figure links to the official source so you can verify current terms.
- ✓ Check OHCS Down Payment Assistance and Flex Lending eligibility at oregon.gov/ohcs
- ✓ Confirm your county’s 2026 FHA limit with HUD’s lookup tool
- ✓ Compare FHA vs. conventional using our loan program guides
- ✓ Estimate your total cash to close with our closing cost guide, including the Washington County transfer tax exception
No obligation · Educational first
Talk to an Oregon Mortgage Advisor
Have questions about buying or refinancing in Oregon? A licensed mortgage advisor can walk you through your loan options, assistance programs and costs, with no obligation.
Speak to a Mortgage Advisor