The Oregon Deparment of Veteran’s Affairs (ODVA) has a great program for eligible veterans buying a home in Oregon.

The program is different than the Federal VA program, and each have their own benefits. You also can’t get an ODVA loan at as many locations as you must use an approved broker to obtain this program.

The Lending Company became an approved broker in 2007 and is one of two locations in Eugene that currently offer this great program.

Interest rates were dropped on Tuesday February 5th to 4.875% (5.025% APR) or 4.99%(5.141% APR) with two different fee structures.

For more information on this program and to dtermine your eligibility, check out the ODVA’s website at : http://www.oregon.gov/ODVA/Rates_And_Maximum_Loan_Amount.shtml