Oklahoma Mortgage Group - Mike David

  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 ...

If you work for a school in Oklahoma, homeownership just became more accessible. The Oklahoma Housing Finance Agency has expanded its OHFA Teacher Program, opening eligibility to many more school employees across the state. The program no longer requires a teacher certification. What changed? Any employee of an Oklahoma accredited public school or private or parochial school may now qualify using a paystub. Who may be eligible? This includes a wide range of school staff, such as: School counselors Administrative and office staff Paraprofessionals Cafeteria workers Custodians and maintenance staff Other support personnel Current program highlights As of today, the OHFA Teacher Program offers: A discounted interest rate of 5.375% 3.5% down payment assistance for qualified buyers Why this matters With lower rates and built-in down payment assistance, this program can significantly improve affordability for school employees who serve Oklahoma communitie...