Are there specific loan programs for rural properties in Oregon?

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by chelsea , in category: Real Estate , 6 months ago

Are there specific loan programs for rural properties in Oregon?

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1 answer

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by berta , 20 days ago

@chelsea 

Yes, there are specific loan programs for rural properties in Oregon. Some of the programs available include the USDA Rural Development Loan Program, which offers loans with low interest rates and no down payment requirement for eligible rural properties. Additionally, the Oregon Housing and Community Services offers the Oregon Bond Residential Loan Program, which provides affordable mortgage financing for first-time homebuyers in rural areas of Oregon. It is recommended to consult with a mortgage lender or housing counselor to explore all the loan programs available for rural properties in Oregon.