Purchasing an OakCLT home can take anywhere from a few months to up to a year depending on your preparedness and the availability of homes.
Step 1. Review the basic qualification requirements.
Step 2. Attend a scheduled OakCLT Information Session or contact us for a one-on-one meeting.
Step 3. Fill out a preliminary application in person, or online (click the “Submit an Application” tab).
Step 4. Attend a HUD-approved 8-hour homebuyer education class. We partner with Operation HOPE.
Step 5. Get pre-approved for a mortgage through one of OakCLT’s approved lenders.
Step 6. Review OakCLT’s available homes.
NOTE: You DO NOT need to be a first-time homebuyer to qualify to purchase an OakCLT home. However, in order to participate in some downpayment or other subsidy programs, you may need to be a first-time buyer to receive assistance.