Edmond Homebuyer Access Fund

Get Help With the Upfront Costs of Buying Your Home

Buying a home in Edmond? NHSOKLA may be able to help with up to $2,500 toward eligible homebuying and closing costs.

Neighborhood Housing Services Oklahoma (NHSOKLA) is helping make homeownership more attainable for income-qualified households purchasing a home in Edmond.

Through the Edmond Homebuyer Access Fund, eligible homebuyers can receive financial assistance to help cover many of the upfront expenses that come with purchasing a home.

Up to $2,500 in Homebuyer Assistance

Qualified homebuyers may receive assistance for actual eligible homebuying expenses, generally up to $2,500 per household.

Funds are limited and available on a first-qualified, funding-available basis.

What Can the Assistance Pay For?

Program funds may be used toward eligible costs associated with purchasing your home, including:

• Home appraisal
• Credit report fees
• Professional home inspection
• Title and settlement fees
• Eligible lender and closing fees
• Recording fees
• Other approved homebuying or closing costs

NHSOKLA will review your mortgage documents and determine the amount of assistance needed based on your actual eligible expenses.

Assistance cannot result in cash back to the homebuyer at closing.

Who May Qualify?

You may be eligible if you:

• Have a household income at or below 80% of Area Median Income (AMI)
• Are purchasing a home within Edmond city limits
• Will use the property as your primary residence
• Are purchasing a home for $300,000 or less
• Qualify for an affordable mortgage loan
• Complete required homebuyer education and/or housing counseling
• Provide the required mortgage, income, property, and closing documentation
• Meet all other NHSOKLA and funding-source requirements

You Don't Have to Navigate Homebuying Alone

Buying a home involves more than finding the right property.

NHSOKLA's housing professionals can help you understand the process, prepare financially, review your mortgage options, and identify available homebuyer assistance.

Our homebuyer services can help you with:

Credit Readiness → Budgeting → Homebuyer Education → Mortgage Preparation → Down Payment Assistance → Closing → Successful Homeownership

How It Works

1. Apply

Complete the NHSOKLA Edmond Homebuyer Access Fund application and provide your household income information.

2. Meet With NHSOKLA

Our housing team will review your eligibility, homebuying readiness, and available financing.

3. Complete Homebuyer Education

Complete NHSOKLA's approved homebuyer education and any required individual counseling.

4. Find Your Edmond Home

Work with your real estate professional and lender to purchase an eligible home within Edmond city limits for $300,000 or less.

5. Submit Your Closing Costs

Your lender and/or title company will provide NHSOKLA with the documentation needed to verify eligible expenses and the amount of assistance required.

6. Receive Assistance at Closing

Approved assistance will be provided directly toward eligible costs associated with your home purchase.

How Much Assistance Can I Receive?

The program is designed to provide the amount you actually need, rather than automatically awarding every household the maximum amount.

Standard Assistance: Up to $2,500

Example

If your eligible expenses include:

The goal is simple: help remove the upfront financial barrier standing between you and homeownership.

Why Homebuyer Education Matters

NHSOKLA's Homebuyer Education program helps you prepare for successful, sustainable homeownership.

You'll learn about:

• Understanding and improving credit
• Creating a homebuying budget
• Choosing a mortgage
• Working with lenders and real estate professionals
• Understanding inspections and appraisals
• Down payment and closing costs
• Homeowners insurance and property taxes
• Understanding the closing process
• Maintaining your home after purchase

NHSOKLA offers homebuyer education in person, virtually, and in Spanish.

Ready to Start Your Homebuying Journey?

Funding is limited. We encourage interested Edmond homebuyers to contact NHSOKLA early in the homebuying process.

Apply or Learn More

Neighborhood Housing Services Oklahoma (NHSOKLA)

Phone: 405-231-4663

Website: www.nhsokla.org

Homebuyer Education: www.nhsokla.org/homebuyer-education/

Already Working With a Lender or Realtor?

Ask them to contact NHSOKLA about the Edmond Homebuyer Access Fund. We can work with your homebuying team to determine whether you qualify and coordinate approved assistance for closing.

For Lenders & Real Estate Professionals

Have a client purchasing in Edmond who needs help with upfront or closing costs?

The NHSOKLA Edmond Homebuyer Access Fund may provide up to $2,500 toward eligible home-purchase expenses for qualified households earning at or below 80% AMI and purchasing an eligible home for $300,000 or less.

Refer your buyer to NHSOKLA before closing so eligibility and funding can be confirmed.

Program assistance is subject to eligibility requirements, documentation, funding availability, and final NHSOKLA approval. Program guidelines, eligible expenses, maximum assistance amounts, income limits, and other requirements are subject to change. Submission of an application does not guarantee assistance. NHSOKLA is an Equal Housing Opportunity organization.