To be eligible, a veteran must be within 30 years of release from active duty with a discharge characterized as honorable, or general under honorable conditions, and meet at least one of the following service criteria:

 

 Service in a theater of operations for which a campaign or expeditionary ribbon or medal is authorized by the United States; or

 

 Less than 210 consecutive days of active duty, if discharged or released from active duty due to a service-connected injury or illness; or

 210 consecutive days of active duty (other than active duty for training)

 

ODVA loans are available only to eligible qualified veterans purchasing a primary residence within the State of Oregon.

 

Veterans must establish their eligibility for the ORVET State Home Loan Program. Complete an Eligibility Application Form  (409-ME) and fax or mail it to the ODVA office in Salem.

 

Include a copy of the veteran’s military discharge DD Form 214. The DD 214 which shows the nature of discharge is needed. This is generally Member Copy 2, 4, or 6.

 

WHERE TO APPLY FOR A LOAN

Download the list of of participating Lenders and Mortgage Brokers. Veterans may also apply directly to ODVA.
 
The first step is completing the VETERANS HOME LOAN ELIGIBILITY (409-ME). Fax or mail it to the Oregon Department of Veterans Affairs. Include a copy of the veteran’s military discharge DD Form 214. The DD 214 which shows the nature of discharge is needed. This is generally Member Copy 2, 4, or 6.
 
Fax eligibility documents to 503-373-2393 or via mail:

OREGON DEPT. OF VETERANS' AFFAIRS (ODVA)
700 Summer St NE
Salem, OR 97301-1285

Establishing eligibility does not guarantee loan approval. The veteran and the property must meet current ODVA underwriting guidelines. This eligibility is different and distinct from Federal VA eligibility.