OHFA works with participating
mortgage lenders
statewide to provide 30-year fixed-rate low-interest
home loans through OHFA Advantage (state bond money). Interest rates are
below market rate loans. The most popular type of loan offers down payment and closing cost assistance. OHFA also offers new
construction loans.
Type of loans
1st Gold
OHFA Shield
OHFA 4
Teachers
Oklahoma Tax Advantage Credit (OTAC)
Current Interest Rates
Find a
participating lender
and the income and purchase limits for your county (Oklahoma state map).
Eligibility
is determined by family income limits and purchase price
limits, both of which vary
depending on the county in which the home is purchased. Only single family homes can be
purchased through the bond program and borrowers must be able to qualify
for a mortgage loan.
Continuous
Rural Origination Program
Following the expenditure of
funds, OHFA will continue to accept reservation requests for Program Loans
on eligible residences located in the following 57 counties:
Adair, Alfalfa, Atoka,
Beaver, Blaine, Bryan, Caddo, Carter, Choctaw, Cimarron, Coal, Cotton,
Craig, Custer, Delaware, Dewey, Ellis, Garfield, Grady, Grant, Greer,
Harmon, Harper, Haskell, Hughes, Jefferson, Johnston, Kay, Kingfisher,
Kiowa, Latimer, Lincoln, Love, McCurtain, McIntosh, Major, Marshall,
Mayes, Murray, Noble, Nowata, Okfuskee, Okmulgee, Osage, Ottawa, Pawnee,
Payne, Pontotoc, Pushmataha, Roger Mills, Seminole, Texas, Tillman,
Washington, Washita, Woods and Woodward.
The objective of this
continuous origination policy is to allow eligible residents of the 57
counties to access OHFA funds whenever they are in the market to finance
the purchase of an existing or newly constructed residence. Only Market
Best and 1st Gold loans will be funded under this continuous
origination policy.
Toll Free: (800) 256-1489