How to Get Up to $10,000 Toward Your Home Purchase

 

New for 2026: $10,000 Down Payment Assistance Now Available for Homebuyers

One of the biggest obstacles to buying a home is coming up with the upfront cash. For 2026, there is good news for Tulsa and Oklahoma homebuyers.

The Downpayment Plus® Program is officially live for 2026 and offers up to $10,000 in down payment assistance to eligible buyers. This program is provided through the Federal Home Loan Bank of Chicago and is designed to help buyers purchase a primary residence with less money out of pocket.

Even better, this program can be combined with OHFA (Oklahoma Housing Finance Agency) programs, creating powerful options for buyers who need additional assistance.

How the Downpayment Plus® Program Works

The Downpayment Plus® Program provides a grant that can be used toward down payment and or closing costs. When combined with the right loan program, it can significantly reduce the amount of cash a buyer needs at closing.

Key program highlights include:

• Up to $10,000 in down payment assistance
• Buyer contributes a minimum of $1,000
• Funds may be used for down payment or closing costs
• Can be used with conventional, FHA, VA, and USDA loans
• Can be combined with OHFA programs
• Home must be owner occupied as a primary residence
• Grant is forgivable over a 5 year period
• Homebuyer education is required

Why This Matters for Tulsa and Oklahoma Buyers

Tulsa continues to see strong demand for housing, and many buyers are competing in a market where affordability matters. Down payment assistance programs like this can be the difference between continuing to rent and becoming a homeowner.

By combining Downpayment Plus® with OHFA, eligible buyers may layer assistance programs to reduce upfront costs while still securing a competitive Tulsa mortgage loan.

Funds Are Limited for 2026

This program is not guaranteed and is offered on a first come, first served basis. Once allocated funds are gone, the program closes until additional funding becomes available.

That is why early planning matters. Eligibility, loan structure, and proper coordination with OHFA must be handled correctly to take advantage of this opportunity.

Work With a Trusted Tulsa Mortgage Lender

Not every lender participates in down payment assistance programs, and not every loan scenario qualifies. Working with an experienced Tulsa mortgage lender who understands Oklahoma mortgage programs is key to maximizing your options.

Our team helps buyers:
• Determine eligibility
• Combine Downpayment Plus® with OHFA when possible
• Choose the right loan program
• Move quickly before funds are exhausted

If you are searching for down payment assistance, now is the time to act.

Click here to schedule a phone chat with our team, or call or text Mike directly at 918-361-1550 to see if you qualify for the 2026 Downpayment Plus® Program and available Oklahoma mortgage options.



Location: Tulsa, OK, USA

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