How to Buy a Home in OKC with Little to No Money Down

Buying a home can feel out of reach when you think about saving for a down payment—but it doesn’t have to be. If you're looking to purchase a home in the Oklahoma City metro area, there are programs available that can help you get into a home with little to no money down.



At Two Structures Homes, we believe that homeownership should be accessible. That’s why we work with trusted lending partners who offer a variety of financing options, including down payment assistance and special interest rate programs. Here’s what you need to know:



1. Down Payment Assistance (DPA)



Several state and local programs offer assistance with down payments and even closing costs. These include:




  • Oklahoma Housing Finance Agency (OHFA) Programs: Provide up to 3.5% of the home’s purchase price toward your down payment.

  • Oklahoma Stability Grant: Designed to help homebuyers in targeted areas, often with additional incentives. This grant can add up to an additional 5% in down payment assistance, which may be combined with other programs for greater benefit. https://www.ohfa.org/homebuyers/



These programs are not limited to first-time buyers, and income limits are more flexible than many expect.



2. 5.5% Interest Rate Options



Through the Oklahoma Stability Grant, qualified buyers may access a special 5.5% interest rate when purchasing eligible homes. This rate is not available on all homes, but is offered in select areas through this targeted program. Two Structures Homes works with lending partners familiar with these grants to help buyers take full advantage of the opportunity. A lower interest rate can reduce your monthly payment and increase your buying power.



3. No Money Down Options



Some loan types, like VA loans (for veterans and active military) and USDA loans (for eligible rural areas), require no down payment at all. Our sales and lending partners can help determine if you qualify. https://themortgagereports.com/90138/oklahoma-first-time-home-buyer-programs-grants












4. Builder Incentives



We often offer closing cost assistance, free upgrades, or price reductions that can further lower your out-of-pocket costs. These incentives vary by home and location, so it's important to ask what's currently available.



5. It Starts with a Conversation



Many buyers are surprised to learn they qualify for homeownership sooner than they thought. We’re here to walk you through every step—from finding the right program to closing on your new home.






Ready to learn more?



Contact Two Structures Homes today to explore move-in ready homes in Edmond, OKC, Yukon, Mustang, and Midwest City. Your path to homeownership may be closer than you think—and we’re here to help you every step of the way.