Table of Contents
- What is the VA Loan Limit?
- How to Apply for a VA Home Loan?
- What is the Median Home Price?
- What are the VA Appraisal Fees?
- Do I need Flood Insurance?
- How do I learn about Property Taxes?
- What is the Population?
- What are the major cities?
- About Baker County
- Veteran Information
- Apply for a VA Home Loan
- VA Approved Condos
FAQ
What is the VA Loan Limit?
2021 VA Home Loan Limit: $0 down payment up to $5,000,000* (subject to lender limits) /2 open VA loans at one time $548,250 (Call 877-432-5626 for details).
How to Apply for a VA Home Loan?
This is a quick look at how to apply for a VA home loan in Baker county. For a more detailed overview of the VA home loan process, check out our complete guide on how to apply for a VA home loan. Here, we’ll go over the general steps to getting a VA home loan and point out some things to pay attention to in Baker County. If you have any questions, you can call us at VA HLC and we’ll help you get started.
- Get your Certificate of Eligibility (COE)
- Give us a call at (877) 432-5626 and we’ll get your COE for you.
- Are you applying for a refinance loan? Check out our complete guide to VA Refinancing.
- Get pre-approved, to get pre-approved for a loan, you’ll need:
- Previous two years of W2s
- Most recent 30 days paystubs or LES (active duty)
- Most recent 60 days bank statements
- Landlord and HR/Payroll Department contact info
- Find a home
- We can help you check whether the home is in one of the Baker County flood zones
- Get the necessary inspections
- Termite inspection: required
- Well or septic inspections needed, if applicable
- Get the home appraised
- We can help you find a VA-Certified appraiser in Baker County and schedule the process
- Construction loan note: Construction permit/appraisal info
- Building permit
- Elevation certificate
- Lock-in your interest rates
- Pro tip: Wait until the appraisal to lock-in your loan rates. If it turns out you need to make repairs, it can push your closing back. Then you can get stuck paying rate extension fees.
- Close the deal and get packing!
- You’re ready to go.
What is the Median Home Price?
As of September 30th, 2020, the median home price in Baker County is $182,351.. In addition, the median household income for residents of the county is $43,921.
How much are the VA Appraisal Fees?
- Single-Family: $775.
- Individual Condo: $825.
- Manufactured Homes: $825.
- 2-4 Unit Multi-Family: $950.
- Appraisal Turnaround Times: 15 days.
Do I need Flood Insurance?
The VA requires properties are required to have flood insurance if they are in a Special Flood Hazard Area.
How do I learn about Property Taxes?
- The Baker county tax assessor’s office is located at 1995 Third, Suite #130 Baker City, Oregon 97814, and can be reached by calling (541) 523-8203.
- The state of Oregon offers businesses that invest and hire in enterprise zones the option to be exempt from property taxes for at least three years. In addition, the Oregon Investment Advantage program encourages new businesses that are starting as well as the ones who are relocating to the state with various incentives. For example, the program offers income tax subtraction and elimination of state income liability for new businesses for many years.
What is the Population?
- The county’s population of 16,124 is 89% White, 4% Hispanic, and 3% Mixed Race.
- Most county residents are between 18 and 65 years old, with 19% under 18 and 26% older than 65.
- In total, the county has about 6,927 households, at an average of 2.22 persons per household.
What are the major cities?
The county has eight cities, with Baker City serving as the county seat. The other cities in the county are Greenhorn, Haines, Halfway, Huntington, Richland, Sumpter, and Unity.
About Baker County
Baker County is a beautiful area located on the eastern edge of Oregon and is home to some of the best views! Enjoy in the beautiful Oregon scenery at any of the outdoor attractions in the county, including rivers, parks, and hiking trails. Finding a way to have fun is easy in the county, thanks to the huge variety of local attractions! See amazing early American architecture at any of the historical landmarks and structures in the county. Baker County was officially founded on September 22, 1862, and was named after Edward Dickinson Baker, who served as a state senator. The current population of the county is 16,054.
Have the perfect weekend camping trip at any of the beautiful outdoor spots in Baker County. Phillips Lake is just one of the beautiful waterways in the county and is a local favorite for fishing, swimming, and boating. Other scenic waterways in the area include the Balm Creek Reservoir and the Anthony Lakes. For a fun hiking or rock-climbing experience, be sure to visit the majestic Elkhorn Mountains. Other scenic outdoor spots in the county include the Farewell Bend State Recreation Area and the Rock Creek Butte.
Fun for the whole family is waiting at all the interesting attractions in Baker County. The Baker Heritage Museum is the perfect place to learn about local history, featuring a variety of interesting exhibits and artifacts. Ski Anthony Lakes is the perfect place to enjoy in all your favorite winter sports, featuring many ski hills, a relaxing lodge, and much more. The Sumpter Depot and Gift Shop is home to many interesting exhibits and souvenirs. Other great attractions in the county include the Crossroads Carnegie Art Center and the Leo Adler House Museum.
Visit all the amazing historical landmarks and structures in Baker County, some dating back to the early 1900s. The Baker Historic District is home to many interesting structures, including the Baker Hotel and the St. Francis de Sales Cathedral. The Baker Historic District was added to the National Register of Historic Places on December 14, 1978. Other historic landmarks in the county include the Churchill School and Antlers Guard Station.
Veteran Information
There are about 1,929 veterans currently living within Baker County, which offers assistance to veterans through:
- VFW Post 7847 Halfway Post – 45875 Cornucopia Hwy Halfway, Oregon 97834.
- VFW Post 3048 Anthony Lakes Post – 2005 Valley Avenue, La Grande, Oregon 97850.
- VFW Post 3749 Purple Sage Post – 205 1st East, Huntington, Oregon 97907.
Apply for a VA Home Loan
- For more information about VA Home Loans and how to apply, click here.
- If you meet the VA’s eligibility requirements, you will be able to enjoy some of the best government guaranteed home loans available.
- VA loans can finance the construction of a property. However, the property must be owned and prepared for construction as the VA cannot ensure vacant land loans.
VA Approved Condos
There are currently no VA approved condos in Baker County, Oregon. However, if you’re interested in getting a condo through the approval process give us a call at (877) 432-5626. We can help you through the condo approval process.
Links
Oregon VA Loan Information: https://www.vahomeloancenters.org/oregon-va-home-loan-limits/
VA Loan Information by State: https://www.vahomeloancenters.org/va-loan-limit-maximum-va-loan-amount/
