Home Buyers – State Bond Money Available

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.

Tulsa County Bond Available

· 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

· For buyers that have not owned in 3 years and do not exceed income limits

· No repayment is ever required for Tulsa County Bond.  No second mortgage is filed.

Contact me for more details.

Call Wayne at 918-645-1470

or by email. [wpcf]

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