Chickasaw Nation Down Payment and/or Closing Cost Assistance Grant

What is Chickasaw Nation Down Payment and/or Closing Cost Assistance Grant?

Chickasaw Nation Down Payment and/or Closing Cost Assistance Grant is a grant for homebuyers in Ada, Oklahoma, administered by Chickasaw Nation Division of Housing.

• The Chickasaw Nation offers a one-time grant of up to $5,000 to help Chickasaw citizens with down payment and/or closing costs on the purchase or rate/term refinance of a primary residence. Applicants must be a Chickasaw citizen, be on the loan application, and be approved for a home loan; the grant is not disbursed after the loan has closed.
• One-time grant up to $5,000.
• Down payment and/or closing cost assistance.
• Available to Chickasaw residents and at-large citizens.
• Purchase or rate/term refinance.
• Funding comes from Chickasaw Nation.

How much assistance does it provide?

Chickasaw Nation Down Payment and/or Closing Cost Assistance Grant offers up to $5,000 in assistance.

• Amounts are the program's published maximums, not an offer — Chickasaw Nation Division of Housing determines any individual award.

Do you have to pay it back?

Chickasaw Nation Down Payment and/or Closing Cost Assistance Grant is structured as a grant, so it is not repaid.

• Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

Chickasaw Nation Down Payment and/or Closing Cost Assistance Grant is open to buyers who will live in the home as their primary residence.

What are the income limits?

Chickasaw Nation Down Payment and/or Closing Cost Assistance Grant sets its income limit as follows: No income limit stated on the program page.

• Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

What kind of home can it be used for?

Chickasaw Nation Down Payment and/or Closing Cost Assistance Grant can be used for Single Family.

Is there eligibility for specific groups?

Chickasaw Nation Down Payment and/or Closing Cost Assistance Grant names American Indian and Alaska Native buyers among the groups it serves.

• Being named here means the program mentions the group, not that membership alone qualifies an applicant — the rest of the eligibility rules still apply.

Where does it apply?

Chickasaw Nation Down Payment and/or Closing Cost Assistance Grant serves buyers purchasing in Ada, Oklahoma.

How do you apply?

Applications for Chickasaw Nation Down Payment and/or Closing Cost Assistance Grant go through Chickasaw Nation Division of Housing, which publishes the current terms and the application steps on its own site.

1. 1

   Contact Chickasaw Nation Division of Housing to reserve funds

   Funds are reserved with the provider and are subject to availability.

2. 2

   Work with a lender who handles the program

   Hey Prescott is not a lender and does not accept applications; this page describes the program so a buyer can take it to a lender or housing counselor.