100% Home Financing Information

  1. Tulsa County Bond Money
    Rate 5.20%, Down Payment Assistance-3.0%
    Loan types allowed: FHA and VA
    Property eligibility---Tulsa County
    If seller pays all the closing costs, then the buyer gets in with a net cost of 0.5% FHA
    No repayment is ever required for Tulsa County Bond. No second mortgage is filed.
    for first time home buyers, or if you have not owned a home in 3 years, and do not exceed income limits

  2. State Bond Money Available
    Rate 5.65%, Down Payment Assistance-3.5%
    Loan types allowed: FHA, VA. RD and HUD 184
    Property eligibility---entire state of Oklahoma
    If seller pays all the closing costs, then the buyer gets in with a net cost of $0.00
    For buyers that have not owned in 3 years and do not exceed income limits
    Soft-second mortgage (0 interest) for the 3.5% assistance, prorated and completely forgive after buyer lives in house for 5 years.

  3. Rural Development Financing
    for qualifying areas outside of Tulsa city limits
    *No Mortgage Insurance!
    *No Cash Reserve Requirements!
    *102% of Appraised Value to Cover Closing Costs!
    *No Cap on mortgage amount other than the Appraisal (plus 2% USDA-RD Fee)!
    *6% Seller Concessions Allowed to cover closings costs!
    *Gifts allowed and DO NOT NEED to come from relative!
    *30 year fixed and no Mortgage Insurance added to pament!
    *All Closing Costs can be included in the loan!
    *Try USDA-RD BEFORE FHA because require NO DOWN PAYMENT!
    *Standard Site Built Homes. No MFH, Modular, Log, etc.
    *No appraisal or Sales Contract needed to submit!
    *You can use your OWN APPRAISAL for the USDA-RD file!
    *First Time Home Buyers Allowed!
    *Minimum of only 620 on all borrowers to go No Money Down!
    *No Declining Markets, all available at 100% LTV!
    *http://eligibility.sc.egov.usda.gov

  4. Veteran Loans (VA)
    for anyone who has served, or is now serving in our Military

Find out if you qualify for one of the above loans:

Call, Text, or E-mail
gilda@greatertulsa.com
(918) 808-0224


Call Gilda Krantz-Smith
Gilda Krantz-Smith
Realtor®/Consultant
Keller Williams® Realty

More Important Home Financing Updates

$8000 & $6500 Tax Credit Extension Update for Homebuyers

Search for Your Dream Home (Realtor® MLS Database)

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