Tulsa County launches assistance program for first-time homebuyers

The Tulsa County Home Finance Authority launched the 2025 First Home Homebuyer Assistance Program with $25 million in mortgage revenue bonds. It offers a fixed-rate mortgage at 6.35%, below the FHA rate, plus 3.5% down payment or closing-cost assistance, forgiven after five years. This aid, averaging $9,000, helps first-time buyers overcome down payment barriers amid high home prices. Funds are expected to be fully allocated by year-end.