Get Financial Help With Your Down Payment
If you’re looking for down payment assistance in Oklahoma, you’re in luck. The Oklahoma Housing Finance Agency offers a grant of as much as 5% of the purchase price for first time property purchasers who need help coming up with the funds for the down payment.
The program is called the “OHFA Advantage Program”:
It’s a great time to buy a home in Oklahoma! OHFA is here to help Oklahomans achieve their dreams of homeownership.
Designed for low-to-moderate income individuals and families, OHFA Advantage offers home loans through participating lenders all across Oklahoma.
Key features of an OHFA Advantage loan:
3.5% down payment grant assistance
5.0% down payment grant assistance
30-year, fixed rate mortgages
May be used for an existing or a new home
Requires minimum credit score of 640
To get comeplete information on this valuable DPA program, visit the OHFA down payment assistance program page of the ok.gov website.
More Oklahoma Down Payment Assistance
In addition to this statewide program, you should also check to see if there are local programs offered in Oklahoma that provide additional help that can be applied toward your down payment.