REI Down Payment Assistance

At REI Oklahoma, we’ve teamed up with approved mortgage lenders to make your path to homeownership easier. We offer down payment and closing cost assistance, paired with first mortgage financing, to eligible borrowers all across Oklahoma.

Depending on the type of first mortgage you secure, our assistance comes in one of these forms:

  1. Gift Funds: No need to repay.
  2. Second Mortgage Loan: Paid back monthly over ten years.
  3. Forgivable Second Mortgage Loan: No repayment if you live in the home for seven years.

The process is straightforward. You work directly with your lender to secure the down payment assistance, and rest assured, it won’t slow down your application-to-closing timeline.

With REI Down Payment Assistance, we’ve helped nearly 9,200 Oklahoma families achieve their dream of homeownership.

Ready to take the next step? Visit for more information.

Have questions or need assistance? Reach out to our housing team at or give us a call at 800-658-2823. We’re here to help!


REI Oklahoma does not discriminate on the basis of race, color, national origin, sex, disability, or age in its programs and activities and provides equal access to all.  The following person has been designated to handle inquiries regarding the non-discrimination policies: Heidi McKnight, Human Resources, REI Oklahoma, 2912 Enterprise Dr., Durant, OK 74701, or (580)924-5094.