ÿþ<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd"> <html> <head> <title>Home Financing Mortgage Loan Programs-Oklahoma</title> <meta name="owner" content="GreaterTulsa.com/Owasso.com owner, Gilda Krantz-Smith, (918) 808-0224"> <meta name="copyright" content="Copyright 2007-12, by Gilda Krantz-Smith and Snowhawk"> <meta name="Description" content="Home loan Mortgage Updates for 100% Financing, FHA, VA, Rural Development or Conventional Loans > <meta name="KeyWords" content="home financing,home mortgages,government veteran loans,FHA Home Loans,Rural Development Loans,no down payment home loans,Owasso homes for sale,Tulsa homes for sale,Oklahoma State Wide Bond Money,100% Financing Programs,Conventional Loans,Oklahoma real estate news,Tulsa real estate news,Owasso,Claremore,Collinsville,Tulsa,mortgages,Skiatook,homes for sales,Tulsa,interest rates,Owasso homes for sale, Owasso Realtors, Tulsa realtors,finance,financing,first time home buyers,Tulsa County,Bond Money,GreaterTulsa,Oklahoma"> <meta name="Classification" content="home financing,home mortgages,government loans,no down payment home loans,Owasso homes for sale,Tulsa homes for sale,Oklahoma State Wide Bond Money,100% Financing Programs, Oklahoma"> <meta name="rating" content="general, kids safe"> <meta name="Author" content="snowhawk and Gilda Krantz-Smith"> <meta http-equiv="content-language" content="en-us"> <meta http-equiv="window-target" content="_top"> <meta http-equiv="content-type" content="text/html; charset=iso-8859-1"> <style type="text/css"> <!-- p { font-family: Arial, Helvetica, sans-serif; font-size: 100%; margin-left: 20px; margin-right: 10px; } h1 { font-family: Southern, Tahoma, Verdana, Georgia, "Times New Roman", Arial, Helvetica, sans-serif;color: #990000; background-color: transparent; } h2 { font-family: Southern, Tahoma, Verdana, Georgia, "Times New Roman", Arial, Helvetica, sans-serif; color: #990000; background-color: transparent; } h3 { font-family: Southern, Tahoma, Verdana, Georgia, "Times New Roman", Arial, Helvetica, sans-serif; } h4 { font-family: Southern, Tahoma, Verdana, Georgia, "Times New Roman", sans-serif; } h5 { font-family: Southern, Tahoma, Verdana, Georgia, "Times New Roman", sans-serif; } body { font-family: Arial, Helvetica, sans-serif; font-size: 100%; margin-top: 2px; margin-left: 20px; margin-right: 20px; } a:active { font-weight: bold; color: #ffffff; background-color: #006600; } --></style></head> <body bgcolor="#ffeedd" text="#000000" link="#0000cc" vlink="#0000bb" background="http://www.greatertulsa.com/backgrounds/farmbg.jpg"> <h1 align="center"><a name="top">Home Loan Financing Updates<br></h1> <h3 align="center">Gilda Krantz-Smith, Chinowth & Cohen, Realtors<br> Your Local Realtor&reg;/Buyer Consultant<br> Tulsa/Owasso/Greater Tulsa Oklahoma Areas<br> <br> <img src="http://greatertulsa.com/images/gilda155x174black.jpg" width="100" height="106" border="0" alt="Hi! Welcome to the world of Real Estate Home Loan Financing by Gilda Krantz-Smith."></a></h3> <center><table border="1" cellpadding="10" cellspacing="0" width="700"> <tr><td align="left" width="700" bgcolor="#eefbff"> "Hello my name is Gilda Krantz-Smith, Realtor&reg;/Buyer Consultant; Chinowth &amp; Cohen Realtors&reg;.<br> <br>Now is the time to Buy!! Inventory is decent, Rates are at their lowest in history!<br> <br>I have put together some good information for all home buyers to consider prior to financing your home purchase.<br> Please bookmark this page and check back on a regular basis for the latest updates on current mortgage financing news or <br> visit my <a href="http://www.facebook.com/gildasellshomes">Real Estate Facebook Page</a> and click on the LIKE button to be notified on latest updates.<br> <br> <b>2012 Home Financing Updates for FHA, VA, Conventional and Rural (USDA) Loans:</b><br> <br><a href="#incomechg">100% Financing - USDA Rural Development Home Loan Progaram </a><br> <br><a href="#USDA">USDA Rural Development Mortgage Insurance Update</a><br> <br><a href="#bond">Tulsa County Bond Money- 3% Down Payment assistance program</a><br> <br><a href="#statebond">Oklahoma State Bond Money - 3.5% Down Payment Assistance program</a><br> <br><a href="http://www.greatertulsa.com/homefinance.html">Summary of all Down Payment Assistance or 100% Home Loan Programs</a><br> <br><a href="#nodown">Summary of all General Home Loan Programs Available</a><br> <br><a href="#fha">FHA Mortgage Insurance Update</a><br> <br><a href="http://www.tulsahousing.org/HousingOptions/Homeownership/tabid/60/Default.aspx" target="_blank">Tulsa Housing Authority Homeownership First Time Buyer Program</a><br> <br><a href="#bankruptcy">New Rules for past Bankruptcy and Forclosure Buyers</a><br> <br><a href="#consultation">Free Consultation and Home Buying Services</a><br> <br><a href="#search">Search the MLS for Your Dream Home</a><br> <br><a href="#links">Informational Links</a><br> <br><a href="#contact">Contact Realtor/Consultant Gilda Krantz-Smith direct at 918-808-0224 or <a href="../gildamail.html" target="_blank">E-mail</a><br> <a href="mailto:gilda@greatertulsa.com">gilda@greatertulsa.com</a></b><br> <center><img src="../images/bluez.gif" width="52" height="30" border="0" alt="100% financing, 100% Home loan, Mortgage, Loan, rates, updates, Tulsa homes for sale,Owasso Tulsa real estate"></center><br> <b><a name="incomechg">100% Financing (NO DOWN payment required) - USDA Rural Home Loan Program</a></font></b><br><br> The USDA Rural Development Home Loan Program is primarily used to help households or individuals with moderate to low income, purchase homes in rural areas of Oklahoma such as Owasso, Glenpool, Collinsville, Skiatook etc.<br> <br>Household Income Limits (all members in household) do apply and the home must be located in an eligible rural area as defined by USDA.<br> <br>There are two types of programs. One is the Guaranteed Home Loan (for moderate to low income) and the other is the Direct Home Loan (for very low income).<br> <br><b>Type One - Guaranteed USDA Home Loan</b><br> <br>2012 Maximum adjusted household income limits for moderate income GUARANTEED USDA LOAN applicants in the Tulsa, Oklahoma surrounding rural areas is $74,750 for a 1- 4 person household and $98,650 for a 5-8 person household. Add 8% of the 4 person limit for each person in excess of 8 persons.<br> <br>For areas of Oklahoma outside of the Tulsa Oklahoma rural areas, please refer to the USDA website for more income elgibility details. <a href="http://eligibility.sc.egov.usda.gov/eligibility/" target="_blank">USDA Website</a><br> <br>This is a very affordable home loan that will help you obtain no down payment financing so your cash can be saved for other things such as furniture, moving trucks etc.<br> <br>All you need is to meet the elgibility guidelines, minimum credit score of 620 (most prefer 640), have income coming in, and some extra cash for closing cost if seller cannot assist.<br> <br><b>For personal guidance to start this loan process, Call Gilda Krantz-Smith with Chinowth & Cohen Realtors 918-808-0224, or </b> <a href="../gildamail.html" target="_blank">E-mail</a> * <a href="mailto:Gilda@GreaterTulsa.com"> Gilda@GreaterTulsa.com</a><br> <br>Let's get started today on your path towards Home Ownership.<br> "Achieve The American Dream" Contact Gilda to show you how!<br> <br><b>Type Two- Direct Home Loan</b><br> <br>The Direct Home Loan is for very low income individuals or households that want to purchase a home. You must have income coming in and good credit. For this type of loan you do not go through a lender but rather qualify direct with the USDA, pending funding availablity.<br> Your payments may be subsidized to assist with the affordability of owning a home.<br> <br>Please visit the USDA website for more details on this type of DIRECT USDA Loan<br> or call Realtor/Consultant, Gilda Krantz-Smith 918-808-0224 for guidance on how to get started.<br> <br> <br><b>To verify income limits or to see if your home chosen is in an area that is elgible for either of these two programs visit the USDA (United States Department of Agriculture) website for more inforation: <a href="http://eligibility.sc.egov.usda.gov/eligibility/" target="_blank">Property Elgibility and Income Limits Chart</a><br> <br><br>For additional benefits of a USDA RURAL Home Loan <a href="#Option 3:"> click here</a></b><br><br> <br><center><img src="../images/bluez.gif" width="52" height="30" border="0" alt="Oklahoma Home loans, 100% Home Loans, USDA Rural Development Home Loan, RD loans, RD Home Loans, Government loans, No down payment home loans, Mortgage, Loan, rates, updates, Tulsa homes for sale, Owasso Homes for sale, Owasso real estate"></center><br> <br><b><font size="+1"><a name="fha">FHA Mortgage Insurance Update</a></font></b><br> <br> FHA Mortgage Insurance Premiums will be changing for all loans assigned with Case numbers on or after April 9, 2012. Currently FHA loans charge 2 different types of Mortgage Insurance Premiums; Up-front and Monthly. That won't change but the amounts being charged will.<br> <br>UP FRONT: Prior to April 9th, 2012 Up front Mortgage Insurance Premium financed into the total loan amount and paid back through the life, is 1%; On or After April 9th 2012: Up front MIP is 1.75% (Based off $100,000, that is an extra $750.00 from April 9th, 2012)<br> <br>MONTHLY: Prior to April 9th, 2012, FHA Monthly Mortgage Insurance Premium added to your payment with the minimum FHA investment of 3.5% is 115bps/ % (Based off $100,000, this is $91.72/ month).<br> On or After April 9th 2012: With the minimum investment of 3.5%, Monthly Mortgage Insurance Premium added to your payment will be raised 10 basis points, from 115bps/% to 125bps/ % (Based off $100,000 that is $99.70/ month).<br> <br>FHA Loans DO NOT need to close by April 9th, 2012, but the case number needs to be assigned by your chosen lender. A case number can only be assigned to a borrower when there is an active loan application for the subject borrower and property.<br> <br>Bottom Line: If you are planning on purchasing a home in the next few weeks, save yourself an increase in your monthly payment by contracting on your home and obtaining loan case number by this date.<br> If you need professional assistance to help you locate and contract on your dream home prior to this increase;<b> Call or <a href="../gildamail.html">email</a> Realtor/Buyer Agent, Gilda Smith, (918) 808-0224, <a href="mailto:gilda@greatertulsa.com">gilda@greatertulsa.com</a>,</b> to provide quality service you deserve.<br> <br><br> <center><img src="../images/bluez.gif" width="52" height="30" border="0" alt="Home Loans, Mortgage, Loan, rates, updates, Tulsa homes for sale,Owasso real estate"></center><br> <b><font size="+1"><a name="USDA">USDA Rural Development Mortgage Insurance Update</a></font></b><br> <br> Effective October 1st, 2011, the guarantee fee was reduced to 2.00%, with an annual MI of .30%. Rural Development loans in most instances require a minimum credit score of 640. If you would like to pre-qualify for this type of loan contact Gilda 918-808-0224 or <a href="../gildamail.html" target="_blank">E-mail</a><br> <a href="mailto:gilda@greatertulsa.com">gilda@greatertulsa.com</a></b><br> <br> This guarantee fee can be added to the loan amount. However, the annual mortgage insurance of .30% will be added to your payment<br><br> <center><img src="../images/bluez.gif" width="52" height="30" border="0" alt="Home Loans, Mortgage, USDA Rural Development Loan, rates, updates, Tulsa homes for sale,Owasso real estate"></center><br> <b><font size="+1"><a name="bond">Tulsa County Bond Money</a></font></b><br> <br> <b>3% FHA/VA Tulsa County Downpayment assistance for First Time Home buyers purchasing in Tulsa County.</b><br> <br> <B>CURRENTLY THIS PROGRAM IS NOT AVAILABLE. I WILL POST WHEN IT DOES COME AVAILABLE OR YOU CAN EMAIL ME AT <a href="mailto:gilda@greatertulsa.com">gilda@greatertulsa.com</a> AND I WILL NOTIFY YOU.</B><BR> <BR> Details:<br> Rate: To be determined<br> 3% Down Payment Assistance<br> 1% Origination fee<br> 30 year Fixed Rate for FHA and VA Loans<br> Income Limits: TBD for one or two member family<br> &nbsp;&nbsp; &nbsp; TBD for three or more member family<br> Purchase Price Limit: $TBD<br> Must be a First Time Home Buyer or not owned in the past 3 years<br> <br> <b>Call or <a href="../gildamail.html">email</a> Gilda, (918) 808-0224, <a href="mailto:gilda@greatertulsa.com">gilda@greatertulsa.com</a>, for more details or to see if you can get qualified for this type of loan assistance.</b><br> <br> <center><img src="../images/bluez.gif" width="52" height="30" border="0" alt="Tulsa county Bond loan, 100 Financing loans,Mortgage, Loan, rates, updates, Tulsa homes for sale,Owasso real estate"></center><br> <br> <b><font size="+1"><a name="statebond">Oklahoma State Bond Money 100% Financing ( OHFA - Oklahoma Housing Finance Agency State Bond Program)</a></font></b><br> <br> The OHFA (Ok Housing Finance Agency -<a href="http://www.ohfa.org">www.ohfa.org</a>) Advantage program offers State bond money. Designed for moderate income individuals and families.<br> OHFA Advantage offers home loans through lenders all across Oklahoma. Now Available for a limited time to first come first serve (qualified applicants).<br> <br>Three products are available for eligible homebuyers to purchase any new or existing home: 1st Gold (most homebuyers), OHFA Shield (Police Officers & Fire Fighters) and OHFA 4Teachers (Educators).</a></font><br> <br>OHFA 1st Gold Rate 4.375% (2012 program- subject to change)<br> Down Payment Assistance = 3.5% of total loan amount<br> Maximum purchase price = $189,607<br> Loan types allowed: FHA, VA, RD and HUD 184<br> Property eligibility---entire state of Oklahoma<br> Buyer must have a minimum of 620 credit score.<br> Seller can pay up to 6% of buyers closing costs/prepaid items for FHA.<br> This is for first time buyers or those that have not owned a home in 3 years and do not exceed income limits of $59,600 for 1-2 person total household gross income and $68,540 for 3 or more person household<br> The assistance is a grant for 3.5% down based off total loan amt.<br> Homebuyers must meet income, purchase price and credit score guidelines. Three years of filed tax returns will need to be supplied to lender for proof of non-homeownership.<br> <br> <b>Call or <a href="../gildamail.html">email</a> Gilda, (918) 808-0224, <a href="mailto:gilda@greatertulsa.com">gilda@greatertulsa.com</a>, for details of how to reserve your portion of the state bond money or for more information.</b><br> <br><br> <center><img src="../images/bluez.gif" width="52" height="30" border="0" alt="100% financing, Home Loans with no money down, Oklahoma State Bond Money, Mortgage, Loan, rates, updates, Tulsa homes for sale,Owasso real estate"></center><br> <b><font size="+1"><a name="nodown">Types of loans to consider:</a></font></b><br> <br> <b>Conventional Conforming Home Loans- (up to max of $417,000)</b> (5% minimum down payment, seller can assist with up to 3% of buyers closing costs, 720+ credit score needed)<br> <br> <b>Conventional Jumbo Loans- (Greater than $417,000)</b> Interest rates are generally a little higher. 5/1 ARMS are available at much lower rates with some lenders.<br> <br> <b>FHA Home Loans</b> (3.5% down payment and seller can assist with up to 6% closing costs, family gifts are allowed for downpayment, 620+ credit score needed. If you credit score is less than 620, you may be required to put more down)<br> <br>3 to 3.5% Down payment assistance programs are available for Tulsa County homes and Oklahoma State Wide homes to first time borrowers or those not owning a home in past 3 years, unless you buy in a targeted area, then it does not matter. Minimum credit score is 640, income limits apply.<br> <br> <b>VA (Veteran) Home Loans</b> (0 Downpayment and seller can assist with up to 4% closing costs, 620+ credit score needed).<br> <br> <b>Sec. 184 - Native American loans</b> Native Americans; low interest <a href="http://www.hud.gov/offices/pih/ih/homeownership/184/" target="_blank">special financing programs</a> with closing cost assistance available at this time. Must have your Indian Card.<br> <br> <b>Rural Development (USDA) Home Loans</b> (0 Downpayment and seller can assist with up to 6% closing costs, 620+ credit score needed, income limits and property elgibility apply.)<br> <br> Most loans have NO pre-payment penalty. Call Gilda direct 918-808-0224 for more information on any of the above loans.<br> <br> <b><font size="+1">Loan Programs</font></b><br> <br> <b>Option 1: Check your local Credit Union.</b><br> <br> There are several programs available for new or existing members.<br> Local credit unions can offer many times 100% financing for those buyers out there with a 720 credit score or higher and 5% down for those below this score.<br> You do not have to be a first time home buyer just 3% of your own money invested in the transaction by paying a portion of the closing costs, prepaids or escrows.<br> There are no income limits on this type of loan.<br> <br> <b>Option 2: Limited FHA/Conventional Tulsa County and State Bond Money Loans</b><br> <br> 3% to 3.5% down payment assistance or closing cost assistance is available, but you must be a 1st time homebuyer or not have owned a home in the past 3 years (3 years tax returns needed to prove it). Income guidelines apply. <br> <br> <br><a name="Option 3:"><b>Option 3: 100% USDA Rural Home Loan Program-(USDA). Fantastic no down payment program for home purchases outside of the Tulsa city limits.</b><br> <br> This type of loan is offered in two forms. One is guaranteed and the other is direct. It is for buyers pursuing 100% financing who are purchasing in rural areas such as Owasso, Collinsville, Skiatook, Oologah, Sperry, Glenpool, East of 193rd in Catoosa/BA etc.<br> <br>The seller can assist with up to 6% of the closing costs or a portion can be financed into the loan if seller can not assist.<br> <br>New Construction, Resale homes, Condo and Townhomes, New Manufactured Homes (permanently installed) are elgible. ( i.e. Owasso, Collinsville, Skiatook, Sperry, Oologah, Wagoner County, parts of Rogers County and Osage County areas apply.)<br> <br>The Rural Development loan <a href="#incomechg">determines your elgibility</a> based on the total number in your household and your income .<br> <br>You <b>do not</b> have to be a first time homebuyer for this type of loan program. If your home is "For Sale" it has to be under contract before you can be considered. (Funding must also be available) Contact Gilda (918) 808-0224, or <a href="mailto:gilda@greatertulsa.com">email: gilda@greatertulsa.com</a> to see if funding is currently available in your area<br> <br><b>Benefits of an USDA Rural Home Loan Program</b><br> <br>*No Cash Reserve Requirements!<br> *102% of Appraised Value allowed to Cover a portion Closing Costs!<br> *No Cap on mortgage amount other than the Appraisal (plus 2% USDA-RD Fee)<br> *6% Seller Concessions Allowed to cover closings costs!<br> *Gifts allowed and DO NOT NEED to come from relative!<br> *30 year fixed interest rate set by the lender<br> *All or a portion of the Closing Costs can be included in the loan as long as property appraises<br> *Try USDA-RD BEFORE FHA because require NO DOWN PAYMENT!<br> *Standard Site Built Homes. No MFH, Modular, Log, etc.<br> *No appraisal or Sales Contract needed to submit.<br> *You do not have to be a first time Home Buyers. If you own a home it must be under contract -Exception - Home out of area or structually unsound<br> *Minimum of 620 credit score with a select few lenders, most require 640 for borrowers to go No Money Down! Call Gilda (918)808-0224 if you need a reputable lender.<br> *No Declining Markets, all available at 100% LTV!<br> *Must be in a rural approved area<br> *Must be within approved income limits per your household size<br> *<a href="http://eligibility.sc.egov.usda.gov" target="_blank">Check to see if your home chosen qualifies</a><br> <br> For DIRECT Rural Home USDA Loans (for low to very low income households) with possible subsidized Mortgage payment assistance and longer than 30 year term loans from the government, please call Realtor/Consultant, Gilda Smith at 918-808-0224 <a href="mailto:gilda@greatertulsa.com">Gilda@GreaterTulsa.com</a> for more info or visit the USDA website for more detailed info and for elgibility and income limits.<br> For example, in Tulsa County if you qualify for this direct program your payments are <b>subsidized</b> and closing costs are 2% less because there is no additional guarantee fees etc. Applicant must not be able to obtain credit elsewhere and have good credit history.<br> Great Program!!! ( I strongly recommend getting preapproved for this program prior to locating a home due to the time it takes and to make sure funding is available.)<br> <br> <b>Option 4: For all our Veteran buyers 100% VA financing is available.</b><br> With this loan all your closing costs can be rolled into the loan or negotiated up to 4% with the seller.<br> If you have a documented disability you even can have the part of the mortgage insurance waived.<br> This is a great no money down opportunity for those of you that have or are serving our country! Minimum credit score is typically 640, but I have a lender that can do at 620 in some cases. <br><br> <b>Option 5:</b><a name="bankruptcy"> For Buyers with a recent bankruptcy, past foreclosure you have hope. Call Gilda at (918) 808-0224, for details on finding a lease purchase or owner carry (private loan). Read Option 6<br> <br> <b>Option 6:</b> Past forclosure? Bankruptcy? If your bankruptcy has been discharged here are the new home financing rules as of 3-2011:<br> This is assuming you have since established good credit from this bankruptcy discharge date and your credit scores are over 640.<br> <br> 1. <b>Conventional Loans</b>... Bankruptcy 4 years./Foreclosure 7 yrs/ Deed in Lieu or Pre-Foreclosure 2-7 yrs, depending on Loan to Value.<br> 2. <b>FHA Loans</b>... Chapter 7 Bankruptcy 2 yrs., Chapter 13 with at least 1 yr. acceptable payment history and approval from Bankruptcy court/ Forclosure 2 yrs.<br> 3. <b>RD (Rural Development) Loans</b>... Bankruptcy 3 yrs./ Forclosure 3 yrs.<br> 4. <b>VA (Veteran) Loans</b>... Chapter 7 bankruptcy 2 yrs, Chapter 13 with at least 1 yr acceptable payment history and approval from Bankruptcy court/ Foreclosure 3 yrs from date of sheriff sale confirmation date.<br> If home foreclosed on was a VA mortgage, VA may have put a deficiency balance on veterans certificate of eligibility, which means Veteran may have to pay back the deficiency amount to VA before VA entitlement would be restored.<br> 5. <b>Sec. 184 - Native American loans</b>... Chapter 7 Bankruptcy 2 yrs, Chapter 13 with at least 1 yr. acceptable payment history and approval from Bankruptcy court/ Foreclosure 3 yrs.<br> <br> <b>Option 7: First time home buyers that are policemen, firefighters or teachers</b><br> There is a special program out there on HUD (FHA forclosed) homes where you can possibly buy a home for 50% off the list price.(Good Neighbor Next Door Program)<br> <br> There is also a low interest home loan program offered through the Oklahoma Home Finance Agency for Oklahoma educators, firefighters and policemen with down payment and closing cost assistance called <a href="http://www.ohfa.org/ohfaadvantage/homebuyers.htm" target="_blank">OHFA 4 Teachers and OHFA Shield</a> (gross income, purchase price limits and first time homebuyer requirements may apply).<br> <br> <b>Option 8: Section 184 Indian Home Loan Programs</b><br> Native Americans; there are low to no down, low interest <a href="http://www.hud.gov/offices/pih/ih/homeownership/184/" target="_blank">special financing programs</a> with closing cost assistance available at this time.<br> <br> This is a mortgage product specifically for American Indian and Alaska Native families, tribes, Alaska Villages or tribally designated housing entities.<br> Congress established this program in 1992 to facilitate homeownership in Native American communities. <br><br> <b>Option 9: Stated Income or Self Employed buyers</b><br> The qualifying criteria has tightened.. but it is not impossible to procure a loan. Most lenders will, however, require 25% down payment. Call or email for updates on qualification requirements. I can also help you find an owner carry (private loan from the Owner) or lease purchase (lease for a period of time with an extended closing date) home. <br><br> <b>Option 10: Oklahoma REI Program (Designed to increase homeownership opportunities) Information provided by First Mortgage Company.</b><br> Available for any buyer that needs down payment assistance. Up to 7% can be used for down payment and closing costs. This loan program can be used in any Oklahoma county. " Designed for FHA, Rural Development, HUD 184 Indian loans, and VA loans. " REI first Mortgage rates will be established daily. Rates are based on a 45 day lock. REI will determine daily rates not the lender. " First Mortgage rate is generally based on the going rate. " Second mortgage is based on 7% of the total loan amount. " Second mortgage rate is 7.375% (*rate subject to change based on current market conditions) " Borrower may not receive cash back at closing with the exception of earnest money and prepaid expenses " For 1-2 unit properties including condominiums and PUDS. No manufactured homes. " Minimum credit score 620 " Maximum debt to income ratio 45% " Must meet household income guidelines. " Tulsa county income limits for 1-2 person family is $68,195 and for 3+ person family is $79,560 <br><br> <center><img src="../images/bluez.gif" width="52" height="30" border="0" alt="100% financing, REI Mortgage Home loans, Loan, rates, updates, Tulsa homes for sale,Owasso real estate"></center><br> <b><a name="consultation">Now is the time to buy!</a><br> Invest in your future, gain tax benefits and financial wealth. Stop renting, and become a proud homeowner!</b><br> <br> With the variety of financing programs offering down payment and closing cost assistance, save your hard earned money... use it for moving expenses, future investments, or help stimulate our economy buying lots of new things for your future home!<br> <br> Call, or text Gilda Krantz-Smith, Chinowth & Cohen Realtors, Realtor/Buyer Consultant (918) 808-0224 or <a href="../gildamail.html" target="_blank">E-mail</a> <a href="mailto:gilda@greatertulsa.com"> Gilda@GreaterTulsa.com</a></b> to guide you through the easy process on how to get pre-approved for a loan and then use my <b>Free Home Buyer Services</b> to go find that dream home.<br> <br> "Happy Househunting!!"<br> <br> <br> <br>Gilda has 20+ years of full time real estate experience, and is available to provide you the quality personal service you deserve for peace of mind and protection. <br><br> Don't just settle for any real estate agent to help you purchase one of your biggest financial assets.... partner up with an experienced agent that knows the local marketplace. This will save you time and Money!<br> <br> </blockquote><br> <b><font size="+1"><a name="search">Take a moment and search for your dream home now!</a></font></b><br> <br> Click below for access into our Realtor MLS database of homes for sale in the Tulsa/Greater-Tulsa Oklahoma areas.<br> The inventory of homes is decent and the prices are great.<br> <br> <b><a href="http://www.cctulsa.com/listings/?aid=021300688" target="_blank">Click here to enter our Realtor&reg; "Homes For Sale" MLS Database</a> and <a name="contact">take note of the MLS ID number of the home you want to see, and then....</a></b></p> <center><b>Call, text or email Gilda Krantz-Smith<br> Realtor&reg;/Consultant<br> Chinowth &amp; Cohen Realtors&reg;<br> (918) 808-0224<br> <br> <a href="../gildamail.html" target="_blank">E-mail Contact Form</a><br> <a href="mailto:gilda@greatertulsa.com">Gilda@GreaterTulsa.com</a>Direct Email</b><br> <br><a href="http://www.owasso.com/realty" target="_blank">Visit Gilda's Real Estate Website</a><br> <a href="../realty/clientcomm.html" target="_blank">Past Client Testimonials/Reviews</a><br> <br> <img src="../images/gilda140x157black.jpg" align="center" width="140" height="156" border="0" alt="Here's what my clients say about my real estate services"></center><br><br> <br> <center><img src="../images/bluez.gif" width="52" height="30" border="0" alt="Tax credit, Mortgage, Loan, rates, updates, Tulsa homes for sale,Owasso real estate"><br> <br> <font size="+1"><b><a name="links">Informational Links</a></b></font><br> <br> For more information on State Bond money loans visit: <br><a href="http://www.ohfa.org/OHFAAdvantage/homebuyers.htm" target="_blank">Oklahoma Housing Finance Agency</a><br> <br> <a href="http://www.tulsahousing.org/HousingOptions/Homeownership/tabid/60/Default.aspx" target="_blank">Tulsa Housing Authority Homeownership First Time Buyer Program</a><br> <br> Visit the Rural Delopment USDA Income and Property Eligibility Site: <br> <a href="http://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do?NavKey=home@1" target="_blank">Rural Development (USDA)</a><br> <br> What is an FHA Loan? <a href="http://www.hud.gov/offices/hsg/fhahistory.cfm" target="_new"> Federal Housing Administration (FHA)</a><br> <br> Served in the Armed Forces? Check out your elgibility for a VA (Veterans Administration) Loan? <a href="http://www.homeloans.va.gov/eligibility.htm" target="_blank">VA Loans </a><br> <br> Native American special financing programs <a href="http://www.hud.gov/offices/pih/ih/homeownership/184/" target="_blank">Indian Home Loan Programs </a><br> <br> For our spanish speaking community here is some information on home ownership in spanish: <br> <a href="http://www.hnma.com/homeownership-education.html" target="_blank">"Manual para Comprar una Casa"</a><br> <br> Conventional Loans: Pros and Cons - <a href="http://www.finweb.com/mortgage-loan-education/conventional-loans-pros-and-cons.html" target="_blank">Conventional Loans</a><br> <br> <a href="http://www.benefits.va.gov/homeloans/" target="_blank">VA Home Loan Info</a><br> <br> <a href="http://portal.hud.gov/hudportal/HUD?src=/program_offices/housing/sfh/reo/goodn/gnndabot" target="_blank">Good Neighbor Next Door Hud Home Program</a> for Law enforcement officers, pre-Kindergarten through 12th grade teachers and firefighters/emergency medical technicians<br> <br> <br><b>Need an Experienced Home Inspector? Inspect your home before you buy or sell, visit <a href="http://www.greatertulsa.com/dcs">DCS HOME INSPECTIONS</a> for $25 off coupon</b><br> <br> <br> <a href="http://www.greatertulsa.com/homes/"><img border="0" src="../images/housesm3.gif" width="92" height="69" alt="Greater Tulsa homes for sale"></a> <a href="http://www.greatertulsa.com/homes/"><img border="0" src="../images/211301sm.jpg" width="100" height="69" alt="Greater Tulsa homes for sale"></a> <a href="http://www.greatertulsa.com/homes/"><img border="0" src="../images/dinsm.gif" width="92" height="69" alt="Greater Tulsa homes for sale"></a> <a href="http://www.greatertulsa.com/homes/"><img border="0" src="../images/housesm.gif" width="92" height="69" alt="Greater Tulsa homes for sale"></a> <a href="http://www.greatertulsa.com/homes/"><img border="0" src="../images/livsm.gif" width="92" height="69" alt="Greater Tulsa homes for sale"></a> <a href="http://www.greatertulsa.com/homes/"><img border="0" src="../images/condo3.gif" width="81" height="69" alt="Greater Tulsa homes for sale"></a> <a href="http://www.greatertulsa.com/homes/"><img border="0" src="../images/housesm2.gif" width="92" height="69" alt="Greater Tulsa homes for sale"></a></center><br><br> <center> <br> <a href="../realestate/rates.html">Current Interest Rates/News</a><br> <br> <a href="../">Greater-Tulsa Web Communities</a><br> <br> <a href="../realty/clientcomm.html" target="_blank">My Clients' Comments</a><br> <br> <a href="../realty/" target="_blank">Gilda's Real Estate Website</a><br> <br> <a href="../realty/calculator.htm" target="_blank">Mortgage Calculator</a></b></center></td> </tr></table></center><br> <h4 align="center"><i>..."Experience the online revolution in buying,<br> selling, financing or refinancing your home"...</i></h4> <p align="center"><a href="#top"><img border="0" src="../images/uparrow.gif" width="30" height="29" alt="top of page"></a></p> <p align="center"><a href="http://www.greatertulsa.com/"><img border="0" src="../images/gtsmb.gif" width="155" height="56" alt="GreaterTulsa.com"></a><br> <br> <b><font size="-1">Copyright 2007-12 by <a href="../realty/">Gilda Krantz-Smith</a> - All rights reserved<br> <br> <a href="../commentform.html" target="_blank">Comments</a> | <a href="../disclaimer.html" target="_blank">Disclaimer</a><br> <br>copyright 2007-2012 by <a href="http://www.snowhawk.com/" target="_blank">snowhawk</a><br> <br> <script type="text/javascript" language="Javascript"> <!-- // comment out code to protect older browsers if (Date.parse(document.lastModified) != 0) document.write("Last edit: " + document.lastModified + " "); // --> </script></font></b></p> <blockquote><blockquote><b><font size="-1">Mortgage rates, interest rates and all real estate information is deemed to be from reliable sources, but is not guaranteed, and is subject to change without notice. Contact Gilda: <a href="mailto:gilda@greatertulsa.com">Gilda@GreaterTulsa.com</a> 918-808-0224, to verify current, accurate real estate information.</font></b></blockquote></blockquote> </body> </html>