Oklahoma Housing Finance Agency (OHFA) presented the 2024 Leading Light Lending Partner awards to the top five producing mortgage lending institutions during its Nov. 20 Board of Trustees meeting.
During the 2024 fiscal year, which ended Sept. 30, 2,160 buyers purchased homes utilizing OHFA’s down payment and closing cost assistance products.
Leading Light Lending Partners include:
First United Bank & Trust- 244 homeowners
Associated Mortgage Corporation (AMC) - 215 homeowners
Lendlo Mortgage - 214 homeowners
Great Plains National Bank- 124 homeowners
Flat Branch Mortgage, Inc. - 102 homeowners
About OHFA's Down Payment and Closing Cost Assistance
Mortgage lenders work with OHFA to provide down payment and closing cost assistance to homebuyers in all 77 counties. Qualified homebuyers receive a 30-year fixed rate low-interest mortgage loan with 3.5 percent down payment assistance. Teachers, first responders, and state employees may also qualify for a special reduced interest rate.
When utilizing an OHFA loan product, buyers who bring their own down payment to the closing table may benefit from a lower interest rate and/or a reduced mortgage insurance coverage requirement on conventional loans.
Buyers interested in purchasing a home by utilizing OHFA's down payment and closing cost assistance can visit www.ohfa.org/homebuyers for more information.
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