Removing barriers to homeownership.
Go from window shopping to welcome home with REI Oklahoma’s easy down payment assistance.
Ready your welcome mat.
We believe every Oklahoman deserves a home to call their own. The REI Home100 Program helps seal the deal with simple-to-secure closing cost assistance — including types that do not need to be repaid.
$5,489
Average down payment assistance provided by REI Oklahoma
Three Kinds of Assistance
Depending on the type of first mortgage you secure, our assistance comes in one of three forms:
Gift Funds
Quick blurb about what a gift fund is and why it’s interesting and/or good.
- No need to repay
- No liens filed against property
- No minimum residency requirement
Forgiveable Second Mortgage Loan
Quick blurb about what a gift fund is and why it’s interesting and/or good.
- Forgiven 1/84th a month over 7 years
- No repayment if you live in the home for 7+ years
- Lien filed against property
Amortizing Second Mortgage Loan
5% Interest Rate
Quick blurb about what a gift fund is and why it’s interesting and/or good.
- Paid back monthly over 10 years
- Lien filed against property
- No minimum residency requirement
Approved Lenders
To make the process painless, we’ve partnered with mortgage lenders across the state of Oklahoma. See if your lender is pre-approved.
Get Ready to Buy
Homebuying doesn’t have to be intimidating. As part of our assistance, we offer training on the mortgage lending process, credit attainment, and more.