Or. Admin. Code § 813-022-0060 - [Effective 5/2/2025] Eligible Borrowers and Residences

(1) A borrower is eligible for a mortgage loan under the program if they meet the eligibility requirements set forth in the OHCS Flex Lending Program Guideline Manual.
(2) A residence is eligible for a mortgage loan under the program if:
(a) The property is residential property located in Oregon;
(b) The property contains one to four residential dwelling units.
(c) The property is structurally sound and functionally adequate; and
(d) The property meets the requirements of the Department's Servicer.

Notes

Or. Admin. Code § 813-022-0060
OHCS 1-2023, adopt filed 02/06/2023, effective 2/8/2023; OHCS 47-2024, temporary amend filed 11/04/2024, effective 11/4/2024 through 5/2/2025

Statutory/Other Authority: ORS 456.555

Statutes/Other Implemented: ORS 456.555

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