Oklahoma Down Payment Assistance
Oklahoma Down Payment Assistance Programs
A guide to current down payment assistance options in Oklahoma, including the state Housing Finance Agency, well-known city and county programs, and live DPA mortgage pricing for Oklahoma homebuyers.
Oklahoma Housing Finance Agency
Oklahoma Housing Finance Agency (OHFA)
OHFA administers the primary DPA programs for Oklahoma. Program details below are current as of April 23, 2026 - confirm current terms directly with OHFA before applying.
Statewide DPA Programs in Oklahoma
OHFA Gold
Oklahoma Housing Finance Agency
Fixed-rate first mortgage with down payment assistance of up to 3.5% of the total loan amount as a gift that does not require repayment.
Paired with: Conventional, FHA, VA, USDA
- First-time homebuyer: Required
- Primary residence only
- Minimum FICO: 640
- Maximum DTI: 45%
- Income: County-based limits per OHFA schedule.
- Homebuyer education required
First-time homebuyer requirement waived when purchasing in a designated Targeted Area. DTI up to 50% allowed for FICO 680+.
Source: www.ohfa.org
OHFA Dream
Oklahoma Housing Finance Agency
Fixed-rate first mortgage with down payment assistance of up to 3.5% of the total loan amount as a gift that does not require repayment.
Paired with: Conventional, FHA, VA, USDA
- First-time homebuyer: Not required
- Primary residence only
- Minimum FICO: 640
- Maximum DTI: 45%
- Income: Up to $150,000 statewide (government loans); Freddie Mac HFA Advantage income varies by county.
- Homebuyer education required
Available to first-time and repeat buyers statewide. Dream Zero DPA option offers a lower interest rate with no DPA.
Source: www.ohfa.org
OHFA 4Teachers / 4Public Servants
Oklahoma Housing Finance Agency
0.25% interest rate reduction on an OHFA Gold or Dream first mortgage for eligible teachers, law enforcement, and firefighters. Can be paired with OHFA DPA.
Paired with: Conventional, FHA, VA, USDA
- Primary residence only
- Minimum FICO: 640
- Homebuyer education required
Teachers must hold a current Oklahoma teaching certificate with an active contract at an accredited Oklahoma public or private school.
Source: www.ohfa.org
Oklahoma Notes for Homebuyers
- REI Oklahoma (a separate entity from OHFA) also operates a statewide REI Down Payment Assistance Program providing 3.5%-5% of the loan amount as a gift with no repayment requirement. Ask your lender whether REI or OHFA assistance is the better fit.
- Homebuyer education is required for OHFA programs.
2026 Loan Limits in Oklahoma
Conforming (Conventional)
$806,500 baseline
FHA
$524,225 floor
Most Oklahoma counties use the FHA floor limit.
Live DPA Pricing for Oklahoma
Pricing below is sourced live from hundreds of wholesale lenders for a Oklahoma scenario. Edit the inputs to match your situation.
FHA Down Payment Assistance
Up to 5% assistance; repayable second at first rate + 2% over 10 years
▸Program details
- ✓Minimum credit score: 580
- ✓Non-traditional credit also possible
- ✓Assistance up to 2.5%, 3.5%, or 5% of the lesser of purchase price or appraised value
- ✓Assistance can be used for down payment, closing costs, or both
- ✓Second lien: 10-year fixed, repayable
- ✓Second lien rate is 2% higher than the first mortgage rate
- ✓No first-time homebuyer requirement
- ✓No income cap
- ✓Purchase of primary residence only
- ✓Eligible properties: 1-unit residences, PUD, 2-4 units, FHA-approved condos, manufactured (single/double-wide)
- ✓DTI per AUS and FHA manual underwriting guidelines
- ✓First lien: FHA 30-year fixed
Assistance amount
Compare DPA options for Oklahoma with live pricing
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