Oregon is one of only five states that offers a veteran home loan program. This Oregon benefit is separate and distinct from the federal VA Home Loan Guaranty and has lent approximately $8 billion in low-interest home loans to more than 334,000 veterans since 1945.
Currently, ODVA's home loan program offers eligible veterans fixed-rate financing for:
- Owner-occupied, single family residence
- Up to the Fannie Mae limit
- Purchase only (no refinancing is available)
- Up to four (4) home loan maximum life benefit