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Oregon Mortgage Guides

OR
State Mortgage Guides

Oregon Mortgage Guides 2026

This Oregon mortgage guide covers FHA limits by county, Oregon Housing and Community Services (OHCS) Bond Loan down payment assistance, USDA rural loans, VA resources for Oregon veterans and Guard members, and a complete closing cost breakdown — all in one place.

$541,287FHA limit (most OR counties)
3%OHCS Cash Advantage closing cost assistance
$122,800USDA income limit (base, 1–4 person)
0.81%Avg effective property tax rate

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.

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
Full FHA limits →

Down Payment Assistance

  • OHCS Cash Advantage: below-market rate + 3% cash for closing costs
  • OHCS Rate Advantage: lowest available fixed rate, no cash assistance
  • Oregon Flex Lending DPA: 4%–5% of first mortgage
  • Portland DPA: up to $80,000 ($100,000 in targeted areas)
  • Must use an OHCS-approved participating lender
First-time buyer guide →

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
USDA income limits →

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
Full closing cost breakdown →

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

Coming soon  ·  No obligation  ·  Educational first

Oregon Advisor Network — Coming Soon

We currently connect buyers with licensed mortgage advisors in Florida and Utah. Oregon is on our expansion list. In the meantime, our Oregon guides and the official program links above have everything you need to research your purchase.

Join the Oregon Waitlist