Oklahoma first time home buyer program

Provides some down payment and closing cost assistance. Offers discounted mortgage rates and fees to borrowers who work in certain professions. Must have a credit score of at least Must meet income and purchase price limits. Must reside in Oklahoma and plan to occupy the home as a primary residence.

Does it sound like one of these first-time home buyer programs could help you become an Oklahoma homeowner? Your next step is to talk with a participating lender to find out whether you meet eligibility requirements and to complete a loan application. It might also be a good idea to check your credit score and figure out how much house you can afford.

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The basic requirements include:. You can contact an OHFA-approved lender to learn more about all three of these options, and prepare for your future homeownership. REI Gift can provide you with a competitive first mortgage and gift assistance of 3. You can go through any of their approved lenders and use this assistance with a number of loan types:.

Oklahoma Housing Finance Agency is one of the best resources for first-time buyers and second, third, or fourth timers as well. In addition to valuable information about loan and down payment assistance, they can help you with the next steps of the process, too:. Oklahoma, like most states, wants to make homeownership easier. If owning your home is important to you, there are ways to alleviate some of the associated financial burden for first-time buyers that need a little extra push.

Oklahoma Housing Finance Agency. Gov Delivery.