Carlos Scarpero, VA Mortgage Specialist, NMLS 1674385
Are you looking to get a cannabis mortgage loan in Oklahoma?
I can help.
The marijuana industry is one of the trickiest areas of home financing.
Medical marijuana is legal in Oklahoma under State Question 788, and the state has one of the largest licensed markets in the country with well over a thousand dispensaries. Recreational marijuana is not legal, since State Question 820 was voted down. Federally, marijuana dispensed under a state issued medical license moved from Schedule I to Schedule III on April 28, 2026, so it is no longer banned outright, though it remains a controlled substance and businesses need DEA registration.
Sadly, because of this, most banks will turn down anyone working in the marijuana industry.
The great news is it is possible for cannabis industry workers to get approved for a home loan.
Because I am a licensed Mortgage Loan Originator working through Edge Home Finance, LLC, a mortgage broker with access to many lenders, I am able to find mortgage companies that are ok with marijuana related mortgage financing.
State law last reviewed August 27, 2026.
Separate from the income question, and easy to miss: Oklahoma’s disabled veteran property tax exemption exempts the entire fair cash value of your homestead at a 100 percent permanent and total certification, or 100 percent individual unemployability pay. You file it with your county assessor and it has nothing to do with how you earn your money.
Unfortunately, many banks are overly conservative and turning down CBD-related income. However, the great news is CBD income is allowed on all programs, including VA, FHA, Conventional, USDA, and Non QM. You will need to find a flexible mortgage broker that can connect you with a lender that can approve CBD related income.
As a W2 employee of a marijuana dispensary in Oklahoma, you can get approved for a Conventional or Non– QM mortgage loan. Unfortunately, VA and FHA mortgages are not available for dispensary workers.
Unfortunately, if you are a marijuana dispensary owner or grower in Oklahoma, your options are much more limited. You cannot get any sort of traditional mortgage financing like Conventional, FHA, or VA. You can, however, get approved for a Non-QM mortgage loan. These loans include Bank Statement Mortgage loans, P and L Mortgage loans, and No Doc Mortgage loans.
Yes, I am approved to provide cannabis related mortgage financing in the entire state of Oklahoma including: Oklahoma City, Tulsa, Norman, Broken Arrow, Edmond, Lawton, Moore, Midwest City, Enid, Stillwater, Owasso, Bartlesville, Muskogee, Shawnee, and Yukon.