Dean and Brendyn Oldham

After experiencing life as renters, Dean and Brendyn Oldham knew they were ready for their own home. Newly married and with a baby on the way, they wanted to find a place that met their unique needs; a yard for their dogs, no roommates, freedom to renovate, room for a nursery, and a more accommodating monthly payment. The Oldham’s lender, Linda Dickerson from Exchange Bank in Stillwater, referred the couple to REI Oklahoma. They decided an FHA-insured loan utilizing the REI Down Payment Assistance program was the best option. This loan provided so much assistance that the Oldhams paid little money out of pocket and were even reimbursed for a small portion of the payment.

The young couple became official homeowners on November 2, 2012, and they are very happy in their new home. Since the move, the couple has stayed busy; Dean works full time and is studying to obtain a doctorate degree and Brendyn has begun preparing for the baby’s arrival. As a result of the financial assistance they received from REI Down Payment Assistance, Dean and Brendyn saved enough money to decorate the new nursery and complete other home renovations. Since Brendyn’s father is in construction, they also have plans to renovate their kitchen in the near future.

For more information about the REI Down Payment Assistance program, call 800-658-2823.