Oklahoma First-Time Home Buyer Programs of 2021

Apr 19, 2021

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The decision to make a purchase as big as a house is enough to make anyone sweat, but it can be especially intense when you’re a first-time home buyer.

Before you stock up on extra-strength deodorant, know this: First-time home buyers in Oklahoma can get help through special loans and assistance programs. Options are available at the state and national level to make homeownership more affordable, which will allow you to buy sooner.

Keep reading to learn more about first-time home buyer programs available from the Oklahoma Housing Finance Agency, or OHFA, as well as national programs you may want to take advantage of.

National first-time home buyer programs

Available from many mortgage lenders, these national loan programs have flexible credit score requirements and offer low down payment options that may be especially useful to first-time home buyers.

Oklahoma first-time home buyer programs

OHFA works with a network of participating lenders to provide affordable mortgage options and financial assistance. Additional help is also available for first-time home buyers who work as educators or first responders in Oklahoma.

OHFA highlights and eligibility


  • Provides some down payment and closing cost assistance.

  • Offers discounted mortgage rates and fees to borrowers who work in certain professions.

Eligibility requirements

  • Must have a credit score of at least 640.

  • Must meet income and purchase price limits.

  • Must reside in Oklahoma and plan to occupy the home as a primary residence.

Your next step

Does it sound like one of these first-time home buyer programs could help you become an Oklahoma homeowner? Your next step is to talk with a participating lender to find out whether you meet eligibility requirements and to complete a loan application.

It might also be a good idea to check your credit score and figure out how much house you can afford. While it’s not required for these programs, consider taking an Oklahoma first-time home buyer education class so you can move forward with confidence.

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