REI Down Payment Assistance provides closing cost assistance to eligible borrowers through partnerships with lenders across the state. The programs are developed for people who have good jobs and the ability to repay a loan but have not been able to save for the down payment or closing costs on a home.

REI Down Payment Assistance invests in Oklahoma’s future by providing housing opportunities to low-income individuals and families. The statewide REI Gift100 Program provides a competitive first mortgage and down payment/closing cost assistance to eligible mortgagors. The down payment is in the form of a gift that you are not required to pay back and there will not be second liens or deed restrictions against your property. This program can be used with the following loan types:

• FHA

• VA

• Rural Development

• Fannie Mae HFA Preferred

• Freddie Mac HFA Advantage

  https://www.reiok.org/programs/rei-down-payment/