Pros >
Quick, only adds a few days onto the loan process.
Eligibility criteria is very broad and I'm able to help a pretty good % of people provided they qualify for the loan.
It's a Grant so the down payment assistance is forgiven.
It's for the down payment and not closing costs, a lot of the Oregon down payment assistance only covers closing costs.
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Cons >
Debt to income ratio of 48.99% or less to qualify.
Interest rates are higher than you'd find on a normal FHA loan.