Clackamas County has a great buyer assistance program called CHAP, which is short for Clackamas Homebuyer Assistance Program. There is a lump sum of money that the county is willing to grant to those who qualify and for properties that qualify. From my understanding, applicants can use this money for down payment or closing costs, the only monetary requirement is that the buyer fronts the first $1000 out of pocket.
This info came from my trusted loan adviser at Fairway Mortgage, Renee Frelly, who has been in the business for over 25 years.
If you’re a first time homebuyer, empty nester, or investor: consult with your trusted lender and find out more about this awesome program.