Portland Zero Down Home Loans –

Zero down loans are now available that don’t

restrict you to USDA (outlying) areas!  Any home on the market, in any area, that is FHA eligible may be approved!  Search all area eligible homes to the right or read below for more information on this program and other zero down loan options.

There are a few zero down programs available.  Most folks are familiar with VA and USDA options (seen below). There is also the Oregon Bond Loan Program (more details here) that doesn’t require you to be a veteran (THANK YOU for your service!) or force you into a rural USDA area.

If you’ve been wanting to purchase a home, but have been held back by lack of down payment, or would prefer to keep your savings for a rainy day, this may be the program for you!



As of today, the VA Loan program has helped over 20 million families across the country. These loans are designed for military personnel, veterans, and military families. It’s your turn to take advantage of the benefits you deserve.

We provide access to government-backed VA Loans because you and your family deserve a helping hand. You don’t have to worry about a down payment or mortgage insurance. This mortgage keeps more money in your pocket every month.

  • Key Features
  • Requirements

Key Features of VA Loans

  • Choose from various term options and fixed or adjustable rates
  • Enjoy lower monthly payments because you won’t need to pay mortgage insurance
  • Get 100% financing with no down payment requirements


Down PaymentNone
Terms15, 20, 25, 30 years, fixed and ARMs
Credit Score600 minimum
Mortgage InsuranceNo
Maximum Loan LimitYes, varies by county

The VA loan is one of the few programs that lets you finance 100% of the home’s value with $0 down. It doesn’t require Private Mortgage Insurance (PMI) on loans of more than 80% of a home’s appraised value, potentially saving you $100 to $200 a month.

Here are some other reasons a VA Loan might be an ideal option for you:

– Lower interest rates than those of conventional loans
– Lower minimum credit score required
– Strict limits on closing costs
– Simplified approval process, designed to cushion common financial challenges affecting veterans and military families

With these benefits, it’s no surprise that the VA loan program has guaranteed over 20 million loans across the US.

If you meet the qualifications, you can enjoy lower closing costs, lower mortgage payments, and the possibility of no down payment.

Primary Residential Mortgage has years of experience providing eligible borrowers with access to VA loans. We have intimate knowledge of the local market as well as the national presence to offer better terms and rates.


The USDA determines what “rural” means, and that varies widely by state. But if you’re eligible, you can qualify for lower monthly payments and you don’t need money for a down payment. You’ll also spend less time in traffic driving to the closing.

  • Key Features
  • Requirements

Key Features of Rural Housing (USDA) Loans

  • Available as a 30-year option with a fixed rate
  • Finance 100% of your home with no down payment requirement
  • No mortgage insurance means you have lower monthly payments
  • The loan’s income eligibility cap varies by community


Down PaymentNone
Terms30 years, fixed rate
Credit Score640 minimum
Mortgage InsuranceNo*
Maximum Loan LimitYes, varies by county
*Up-Front Guarantee Fee financed into the loan.