DEVNW SPRINGFIELD
DOWN PAYMENT ASSISTANCE
Provides a combination of education, counseling, and down financial assistance through loans up to $40,000 (in Eugene) or up to $25,000 (in Springfield) for income-qualified first-time homebuyers to cover a portion of the down payment and/or closing costs associated with the purchase of a home.
212 Main Street
Springfield, OR 97477
Eligibility: -Low- to moderate-income households
-Be a first time homebuyer; you cannot have owned a home in the past three years.
-Purchase with the City of Eugene city limits or the City of Springfield
-Purchase a single-family home, including a detached home, a condo, or a manufactured home on owned land
-Occupy the home
-Have a minimum of $1,500 of your own saving for downpayment (or a minimum of 3.5% of the purchase price if you are getting an FHA loan)
-Additional loan requirements
Hours: Monday-Thursday 8am-6pm
Phone/FAX Numbers
  • (541) 345-7106 Main phone
Email Address: [email protected]
INTAKE PROCEDURE: Call or visit website for more information
FEES: $75 one-time fee for homeownership class and counseling
DOCUMENTS: Application
LANGUAGES: English, Spanish, interpretation by arrangement
AREA SERVED: Cities of Eugene and Springfield
Services:
  • Home Purchase/Construction Financing/Refinancing
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DEVNW SPRINGFIELD