OHFA Advantage Down Payment Assistance

Oklahoma Housing Finance Agency

Available Down Payment

About This Program

Provides down payment and closing cost assistance for first-time homebuyers in Oklahoma. Forgivable loan of up to $5,000 or 3.5% of purchase price, whichever is less, forgiven over 5 years of occupancy.

Forgivable loan based on purchase price, forgiven over 5 years

Key Details

  • Up to $5,000 forgivable loan for down payment
  • First-time homebuyers only
  • Income limits apply by county
  • Must complete homebuyer education course
  • Forgiven after 5 years of occupancy

How to Apply

A grant-savvy contractor in Bethany, OK can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Deadline: Ongoing while funds available

Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

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