Down Payment Assistance Loans

Lenders and Real Estate Agents:
Help your first-time buyers increase their down payment or cover closing costs with a DPA Loan.

    Our Down Payment Assistance Loan Program provides no-interest, deferred-payment second mortgage loans of up to $10,000. 

    Eligible homebuyers must:

    • Be first-time homebuyers (not owned property within the last 3 years)
    • Be purchasing in Coos, Curry, Douglas, Klamath, or Lake Counties
    • Intend to occupy the home as their primary residence
    • Complete HUD certified home buyer education course 
    • Qualify for conventional or government loan (no negative amortizing loans)
    • Income below 100% family median income for the county (see chart) 
    • Property must be single family residence (including condominium or manufactured home) on fee-simple or community land trust
    • Property must conform to standard mortgage requirements

    FAQ: Frequently Asked Questions

    Get approval documents ready.
    View Document Checklist.

    This program is made possible through funding from Oregon Housing and Community Services Down Payment Assistance Program.


    2020 HUD Income Limits – Area Median Income for Families

    County Family Median Income Limit
    Coos $53,400
    Curry $59,200
    Douglas $59,600
    Klamath $53,100
    Lake $44,700

    Eligible Uses:

    • DPA loans can be applied to part or all of the down payment and/or closing costs. 
    • Funds may not be used to pay down personal debts.
    • Borrowers may not receive cash back.


    • If Veterans have no down payment, these funds can be used for a down payment
    • Funds can also be added to increase an existing down payment

    • Funds can be used for closing costs, including the VA funding fee

    • DD-214 is required

    Repayment – The loan becomes payable in full upon sale, transfer, refinance, or when the borrower no longer occupies the home as their primary residence.

    Amount – up to $10,000 for non-veterans

    Interest Rate – no-interest

    Monthly Payment – no monthly payment

    Subordinations - NeighborWorks Umpqua may agree to a subordination for rate/term refinances that show a clear benefit to the borrower.  We will not subordinate for a cash-out refinance.

    Transfer  – This loan is not assumable by another party. 

    “Homeownership would have been impossible without NeighborWorks Umpqua! I am definitely low income and I was worried that homeownership might be out of my reach.” – J.B.

    How to Apply on behalf of a borrower:

    1. Ensure borrower meets eligibility standards described above
    2. Contact us below or call us 541-673-4909
    3. Get approval documents ready. View document checklist.


    Down Payment Assistance Pre-approval Request

    DPA and Closing Costs Loan Request - no list