OHFA Advantage Down Payment Assistance

Oklahoma Housing Finance Agency

Available Down Payment

About This Program

OHFA Advantage Down Payment Assistance is available to homeowners in Broken Arrow, OK.

Down payment and closing cost assistance for first-time homebuyers in Broken Arrow purchasing through OHFA's mortgage programs. Provides up to $15,000 or 5% of the loan amount as a forgivable second mortgage that is forgiven after 10 years of occupancy.

Second mortgage forgivable after 10 years, typical assistance amount

Official program page checked live on 2026-06-22.

Data last verified 2026-05-25. How we verify our data.

In Broken Arrow, OK, you can combine this program with other local help to cut your cost:

Key Details

  • Up to $15,000 or 5% of loan for down payment
  • Must be first-time homebuyer
  • Income limits vary by county
  • Forgivable after 10 years of occupancy
  • Must use OHFA participating lender

How to Apply

A grant-savvy contractor in Broken Arrow, OK can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Your application paperwork

Documents you will likely need

  • Proof you own and live in the home (deed, recent mortgage statement, or property tax bill).
  • A government-issued photo ID for every owner on title.
  • Household income proof (recent pay stubs, last year's tax return, or benefit award letters for everyone in the home).
  • The program's own application form, completed (use the official link or phone number on this page).

Requirements vary by program and locality. Confirm the exact rules on the official program page. We can help you prepare your paperwork, but you submit it yourself.

Deadline: Available through participating lenders

Questions about this program?

Ask us. It is free, and a real person answers within a business day.

Email us about this program

Frequently asked questions

How much can OHFA Advantage Down Payment Assistance provide in Broken Arrow, OK?

Up to $15,000 or 5% of loan amount.

Who qualifies for OHFA Advantage Down Payment Assistance in Broken Arrow?

OHFA Advantage Down Payment Assistance is open to homeowners in Broken Arrow, OK.

How do I apply for OHFA Advantage Down Payment Assistance in Broken Arrow, OK?

Apply directly with Oklahoma Housing Finance Agency using the official program link on this page or call (405) 419-8100. There is no middleman and no fee.

Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

Find More Programs in Broken Arrow, OK

This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.

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