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Clackamas County, Oregon Down Payment Assistance For Buying A House

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The Community Development Division (CDD) works with lenders to offer the Clackamas Homebuyer Assistance Program (CHAP). The CHAP program can loan up to $14,000 to help qualified first-time homebuyers pay for downpayment and reasonable closing costs. CHAP loans are zero-percent interest deferred-payment loans.
Prior to obtaining a CHAP loan the first-time homebuyer must:

  1. Complete an approved homebuyer training class.
    Click here for a list of homebuyer training class.
  2. Be approved for primary financing through an FHA-approved lender.

TIMELINES FROM THE SUBMISSION OF A COMPLETED LOAN APPLICATION PACKET: 

  • Allow a minimum of 30 days from submission to closing.
  • Allow a minimum of 5 working days from submission to property inspection by this office. 

To be an "Eligible Applicant", the homebuyer must:

  • Meet the HUD definition of a “first-time homebuyer” which means the buyer has not owned a home during the past 3 years, or is a displaced homemaker, or is a single parent.
  • Be low-income. 
    CHAP Income Limits
    as of May 2010
    Number in Household 80% of Median
    1
    39,900
    2
    45,600
    3
    51,300
    4
    56,950
    5
    61,550
    6
    66,100
    7
    70,650
    8
    75,200
  • Demonstrate a financial need for CHAP assistance.
  • Complete a homebuyer education program approved by the County.

To be a "Qualified Borrower", the homebuyer must:

  • Have sufficient income to qualify for and support the primary debt.
  • Be pre-qualified by a primary lender.  (Contract sales are not allowed.)
  • Have good credit.
  • Contribute $1,000 in cash toward the purchase from the buyer’s own funds.

To be an "Eligible Property", the house must: 

  • Be located in Clackamas County.
  • Have a purchase price less than $304,950.
  • Meet the definition of affordable, standard single family housing (a single unit).
  • Meet property standards and pass HQS inspection.
  • Be free of chipped or peeling paint if the house was built before 1978.
  • Not be occupied by a tenant unless the buyer is the tenant.

Contacts:  Gloria Lewton or Lori Stomps, 503-655-8591.

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