OHCS Flex Lending
Oregon Housing & Community Services' flexible-pricing first mortgage with stackable DPA for closing costs, prepaid expenses, and required down payment.
A firefighter-owned mortgage brokerage in Boca Raton, serving Oregon military service members and veterans across every metro in the state. $0 lender fees for first responders. The income-structuring expertise national lenders skip on military service member or veteran files.
Oregon's DPA isn't occupation-restricted, but OHCS Flex Lending + the First-Generation DPA can reach $60,000 or 20% of purchase price for qualified buyers. For military service members and veterans on a 2-4 unit FHA-eligible Portland property, that DPA layered with FHA's 3.5% down can clear closing with very little out of pocket.
This page is for Oregon military service members and veterans specifically — buying or refinancing anywhere in the state.
Oregon Housing & Community Services' flexible-pricing first mortgage with stackable DPA for closing costs, prepaid expenses, and required down payment.
For first-time AND experienced buyers — broader eligibility than typical state programs.
Up to $60,000 or 20% of purchase price (depending on program/eligibility) for first-time or first-generation Oregon buyers.
Zero down, no PMI, reduced funding fee for disability-rated veterans. For military service members and veterans who served before joining their current field, we structure dual-eligible files that often clear closing with $0 out of pocket.
For files that don't fit a DPA program — 3.5% down FHA, 3-5% down conventional, or non-QM bank-statement loans for military service members and veterans with 1099 side income. Every Oregon service has one.
BAH is fully countable as qualifying income when documented on your LES. For active-duty service members, BAH is what makes the VA loan math work — your tax-free housing allowance counts dollar-for-dollar toward your DTI. Most civilian lenders don't even know to ask for it.
Service-connected disability rating of 10% or higher waives the VA funding fee entirely — often a $5K–$15K savings on a typical purchase. We confirm the rating on the COE and structure the file to take full advantage.
Married service members with two VA-eligible entitlements can sometimes structure dual-active-VA financing — two zero-down purchases. We've placed dual-active files where the math beat any single-VA approach by $40K+ in lifetime interest.
Active-duty PCS moves often mean selling one home, buying another, and timing both around orders. We coordinate the sale-and-purchase together, structure bridge financing if needed, and prevent the 'two mortgages at once' problem.
VA benefits extend beyond active duty — Reservists with sufficient qualifying service, National Guard members with title-32 federal time, and qualifying surviving spouses (often with funding fee waivers) all qualify. We screen the eligibility ladder on every file.
We close mortgages in every Oregon county. The cities and metros where Oregon military service members and veterans most commonly buy:
Yes. BAH is fully countable as qualifying income on your LES. For active-duty service members buying in Oregon, your tax-free housing allowance counts dollar-for-dollar toward your DTI calculation. This is one of the most underused income types because civilian lenders don't always ask for the LES — we do.
No. Service-connected disability rating of 10% or higher waives the VA funding fee entirely. On a $400,000 purchase, that's roughly $9,000–$12,000 in savings depending on whether it's a first-use or subsequent-use VA loan. We confirm the rating on your COE and structure the file accordingly.
Yes, in many cases. Dual-active-VA is one of the most underused strategies for married service members. We document both COEs, separate the entitlement, and structure the files so underwriting clears both purchases — often resulting in two zero-down purchases or a primary + investment structure that beats any single-VA approach.
If you're a Oregon military service member or veteran — active, retired, or family of — we know how to structure your file. No documents required to start. No commitment.