Unlock the Door to Your Dream Home: No Down Payment Options in Oklahoma!
Attention Oklahoma home buyers! Did you know that you may be eligible for a no down payment mortgage option? That's right, with certain loan programs, you can purchase a home without having to put any money down. One popular program is the USDA Rural Development Home Loan. This loan program is designed to help low- to moderate-income families in rural areas purchase a home. Eligible borrowers can finance up to 100% of the purchase price without a down payment. The Oklahoma Housing Finance Agency (OHFA) also offers a down payment assistance program for eligible homebuyers. The OHFA Homebuyer Downpayment Assistance Program provides assistance in the form of a grant, which does not need to be repaid. Eligible borrowers can receive up to 3.5% of the home's purchase price to use towards their down payment or closing costs. To be eligible for the program, borrowers must meet certain income and credit requirements, and the home being purchased must be located in Oklahoma and