Many potential buyers struggle to save the 3.5 - 5% required by typical loans. They either become disheartened and resign themselves to renting forever, or they find themselves constantly needing to increase the amount of their savings in order to keep pace with the price of homes. Ultimately, the cost of waiting to buy can impact buyers deeply and even decrease their lifetime net worth opportunities.

On average, home prices increase by an eyewatering 50% every 10 years. So, what’s an eager buyer to do when they have limited funds? Here’s where Down Payment Assistance programs can make all the difference! Oregon has two great options for qualifying buyers: The FirstHome program and the NextStep program. Both programs offer down payment assistance for borrowers who meet eligibility criteria, and are excellent options for those who may have lost hope of ever affording a home of their own.

Call us today to discuss the options available and be matched with potential lenders who are experienced with DPA transactions. As a seller, more buyers shopping in your market is always a good thing! You can rest easy knowing that we will use every strategy to find buyers for your property. At Ford Real Estate, we are proud to assist our clients in achieving their real estate dreams!