Stillwater News

Take advantage: free homebuyer education course

Released:Feb 26, 2020


Homebuyer education course

(STILLWATER, OKLAHOMA / Feb. 26, 2020) – Considering purchasing your first home, but you have questions? The City of Stillwater now offers free Homebuyers Education Class to prepare first-time homebuyers for the purchase and ownership of their new home. The best part is that completion of the class (along with meeting a few other criteria) may qualify you for financial assistance, such as help on a down payment or closing costs.

Offered once a month, the class will provide education ranging from saving and preparing for purchase all the way to what to expect on closing day.

“The information in this course is something I wish I had going into the purchase of my first home,” Administrative Services Manager Cindy Gibson said. “Any first-time homebuyer from any background can benefit from this information.”

The class offers education on a variety of topics, including:

  • Terms used and what they mean (capacity, character, escrow, ratios, etc.)
  • Types of insurance available and what you need
  • Types of loans, what is best for you
  • Choosing a lender, real estate agent, inspector and more
  • Expenses that come with owning a home
  • Planning how much home you can afford
  • Choosing a location, type of home and what your home must have.
  • Closing documents

Classes will be held at the Stillwater Municipal Building, 723 S. Lewis St. The class is completed on a computer and at your own pace, but with a monitor to assist and answer questions as needed. Those wishing to attend the class are encouraged to pre-register because seating is limited. The class and a 25-question exam runs between 2.5 to 3 hours.

The class schedule is as follows:

  • March 26 - 1 to 4 p.m.
  • April 8 - 8:30 to 11:30 a.m.
  • May 7 - 1 to 4 pm.
  • June 10 - 8:30 to 11:30 a.m.
  • July 9 - 1 to 4 p.m.
  • August 11 - 8:30 to 11:30 a.m.

Ask about the Homebuyers Assistance Program

The City’s new Homebuyers Assistance Program offers financial assistance for three kinds activities:

  • First-time homebuyers to Stillwater
  • Low to moderate income buyers who may not be new to Stillwater
  • Low to moderate income homeowners who are in need of home repairs

Learn more about the City’s Homebuyer Assistance Program and sign up for our Homebuyer Education Class at, or contact the Administrative Services division at or 405.742.8345.


For media inquiries, contact the Department of Marketing and Civic Engagement at 405.742.8219 or email

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