Marion County Downpayment Assistance Program

Are you saving to buy a house? Eligible homeowners may qualify for up to $25,000.*

The Marion County Downpayment Assistance Program provides no interest loans of up to $25,000 for first time home buyers to cover a portion of the down payment/closing costs associated with their purchase of a home.

Frequently Asked Questions

How much is it?

Eligible house may apply for up to $25,000

What is the income eligibility?*

Your household gross income must be at or under 80% of the Area Median Income (AMI) based on your household size. Her the following income limits per household sizes:

Household Size of 1 - $44,300

Household Size of 2 - $50,600

Household Size of 3 - $56,950

Household Size of 4 - $63,250

Household Size of 5 - $68,350

Household Size of 6 - $73,400

Household Size of 7 - $78,450

Household Size of 8 - $83,500

What is the other eligibility?

  • Be a “first-time homebuyer.” That is, you cannot have owned a home in the past three years.
  • Purchase with the Marion County Oregon, but outside the Salem city limits
  • Purchase a single-family home, or a manufactured home on owned land
  • Occupy the home as your primary residence
  • Income at or under 80% Area Median Income (AMI)
  • Pre-approved for a mortgage
  • Additional loan requirements

What are the required to apply for downpayment assistance?

What is down payment assistance and how does it work?

Downpayment assistance is a zero-interest loan for first-time homebuyers to help cover a portion downpayment and closing costs.

Is it a loan or a grant?

It’s a non-interest bearing loan, with a portion forgivable if you own for more than 10 years. The loan is a silent second, meaning there is a lien on the property from the county, not DevNW. If the property is sold between 1-5 years, 100% of the loan must be repaid. If the property is sold within 6-10 years, then the lien will be do, payable, at incremental declining amounts based on the year you sell the property. If the property is sold after 10 years, then $10,000 will be payable upon sale and the rest will be forgiven.

If you have any additional questions, please email and put “DPA question” in the subject line.