OHFA Advantage Down Payment Assistance

Acerca de Este Programa

Down payment and closing cost assistance for first-time homebuyers in Broken Arrow purchasing through OHFA's mortgage programs. Provides up to $15,000 or 5% of the loan amount as a forgivable second mortgage that is forgiven after 10 years of occupancy.

Second mortgage forgivable after 10 years, typical assistance amount

Detalles Clave

• Up to $15,000 or 5% of loan for down payment
• Must be first-time homebuyer
• Income limits vary by county
• Forgivable after 10 years of occupancy
• Must use OHFA participating lender

Como Solicitar

Un contratista con experiencia en subvenciones en Broken Arrow, OK puede encargarse del papeleo, las inspecciones y los plazos para que sus fondos se liberen a tiempo. La conexion es gratuita.

Deadline: Available through participating lenders