$80k Down Payment Grant for Hillsboro, OR

$80k Down Payment Grant for Hillsboro, OR

Pending

en español

Do I qualify for this opportunity?

  • Grant recipients must be first-time homebuyers & meet income qualifications listed below.
  • The home purchased must be located within the City of Hillsboro.
  • Must qualify for a minimum mortgage of $240,000 with a Proud Ground approved lender & have at least $4,000 of personal savings for earnest money & inspections.
  • If you receive a grant reservation, you will choose a realtor to work with and begin shopping for a home that meets all required criteria.
  • Grant funds will help you purchase a home priced up to $335,000.
  • Owner-occupancy, income limits, resale, and other restrictions apply.

Maximum household income limits at the time of purchase:

Family Size                                                 1                     2                     3                       4                    5

Max Income:                                     $49,250          $56,250        $63,300        $70,300        $75,950

 

Interested in this grant?

Here are your next steps:

Submit your application packet in one email to submit@proudground.org.

Please input “Hillsboro Grant” in the subject line. A complete application packet includes:

  • Proud Ground Homebuying Opportunity Application – download here
  • 3 months’ worth of recent pay stubs for all income earners in the household
  • Documentation that you have a minimum of $4,000 available for earnest money and home inspections
  • A loan pre-qualification letter for a minimum of $240,000 from a Proud Ground approved lender
  • A closing cost estimate from your lender showing your estimated monthly payments.

***Please note, it can take up to 2 weeks to obtain loan pre-qualification documents***

Priority will be given to families with children & households of three or more based on their date of application with Proud Ground.

Questions? Please contact:
Ryan Parker, 503-493-0293 x18 or ryan@proudground.org

Preguntas? Por favor llame a:

Yesika Arévalo
503-493-0293 x10 o yesika@proudground.org

For a downloadable flyer with the above information, click here.

City:Hillsboro
County:Washington
State:OR

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