Down Payment Assistance
Filed Under Uncategorized · Tagged: 0 down loans, 100% financing, down payment assistance, PDC, Portland Development Commission, Urban Renewal Area
Some of you may know that the Portland Development Commission (PDC) offers down payment assistance for purchases in their designated Urban Renewal Areas. If you have been looking to buy a home in the Lents or Interstate Corridor areas, their budget had run dry; but never fear, come June 15th more funds will be available. These funds can be accessed by qualifying under their income guidelines as a low interest loan along with your primary loan. This is an excellent way to get into a home without paying private mortgage interest, and giving you extra cash to put into your new investment.
Click on the links for more info:
Loan Program:
http://www.pdc.us/housing_services/programs/financial/down_payment_assistance_loan.asp
Urban Renewal Area Maps:
http://www.pdc.us/housing_services/resources/publications/inv_detail.asp?id=796&ty=48
Contact us if you want more information about how you can buy a home with no down payment.
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Contact Marcela Roberts direct at
503-784-1755 or Mike Morris at
503-869-7144.
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