OCHFA Turnkey Plus GRANT Program

OCHFA Turnkey Plus GRANT Program is a grant for homebuyers in Statewide, Oklahoma. Turnkey Plus is OCHFA's TBA-based DPA grant program available statewide through OCHFA-approved lenders. Borrowers receive up to 4% of the first-mortgage amount as a non-repayable grant for down payment and closing costs, paired with a 30-year fixed-rate FHA, VA, USDA-RD, or conventional HFA Preferred first mortgage. Despite OCHFA's name (Oklahoma County), the Turnkey Plus program is offered statewide. Up to 4% down payment / closing-cost assistance grant (no repayment) on a 30-year fixed first mortgage. Available statewide through participating lenders. No first-time-homebuyer requirement. Funding comes from Local Government and TBA.

OCHFA Turnkey Plus GRANT Program is structured as a grant, so it is not repaid. Repayment is triggered by None — grant and no repayment required. The assistance is recorded in 1 position. Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

OCHFA Turnkey Plus GRANT Program is open to homebuyers who will live in the home as their primary residence. On credit, the program states: 640 FICO Government (FHA/VA/USDA); 660 FICO Conventional HFA Preferred. A homebuyer education course is required, through HUD-approved homebuyer education provider; Framework or eHome America online course accepted on conventional loans (FHA/VA/USDA per agency rules). Residency requirement: Property must be located in Oklahoma and used as borrower's primary residence. Citizenship or immigration status: U.S. citizen or qualified permanent/non-permanent resident alien per first-mortgage product overlays. 640 FICO minimum for Government (FHA/VA/USDA) loans; 660 FICO minimum for Conventional HFA Preferred. Maximum DTI 50% per AUS approval. Owner-occupied primary residence only. No first-time-homebuyer requirement.

OCHFA Turnkey Plus GRANT Program limits household income to $136,780. Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

OCHFA Turnkey Plus GRANT Program caps the purchase price at $510,939. Eligible property types include Single-family detached, Townhome, Condominium (warrantable), 2-4 unit (per first-mortgage product), and PUD. New construction is eligible. Manufactured homes are eligible.

OCHFA Turnkey Plus GRANT Program names veterans, active-duty service members, reservists and National Guard members, and surviving spouses 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.

OCHFA Turnkey Plus GRANT Program serves homebuyers purchasing in Statewide, Oklahoma.

Applications for OCHFA Turnkey Plus GRANT Program go through the administering agency, which publishes the current terms and the application steps on its own site. Funds are reserved through Lender reservation through OCHFA's eHousingPlus origination portal. Hey Prescott is not a lender and does not accept applications; this page describes the program so a homebuyer can take it to a lender or housing counselor.