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Conventional Loans Available for purchase or refinance of your home, including cash-out or debt consolidation. The interest rate can be fixed or adjustable, and have several options on repayment terms. Jumbo Loans Jumbo loan financing is available for loans exceeding the maximum loan amount established for conventional conforming loans up to $1,500,000. FHA Loans FHA loans have been helping people become homeowners since 1934. They are ideal for the first time homebuyer. FHA loans offer low down payment, low interest rates, and easier credit qualifying. Refinance options are available. VA Loans VA loans are guaranteed by the U.S. Department of Veterans Affairs. They are available to active, reservist and veterans of the armed forces. The VA determines eligibility and issues a Certificate of Eligibility. VA loans offer low or no down payment and do not require monthly mortgage insurance. VA loans can be used for purchase or refinance. USDA Loans Primarily used to help low-income individuals or households purchase homes in rural areas. Funds can be used to build, repair, renovate or relocate a home, or to purchase and prepare sites, including providing water and sewage facilities. There are no down payment requirements and no monthly mortgage insurance requirements. Special Programs: Oklahoma Housing Finance Authority This program provides 30-year fixed-rate low-interest home loans through state bond money. Their most popular type of loan offers down payment and closing cost assistance. Rural Enterprises of Oklahoma (REI) REI is commited to helping Oklahoma's working families become proud homeowners by providing down payment and closing cost assistance with their Market Rate Housing Program. Tulsa County Bond Provides down payment assistance to qualified buyers. First United Bank Mortgage Company offers flexible financing terms. |