Oklahoma Home Loan Programs
Here at Scissortail Financial, based in Tulsa, Oklahoma, we offer many different types of home loan programs. As your trusted mortgage broker, whether you are buying or refinancing a home, we can help you. Whether you are a first-time home buyer or a seasoned investor, we have a mortgage program that will meet your needs.
First Time Home Buyer Loans
Non-Qualified Mortgage loans provide flexible lending options for those with non-traditional income sources. They are ideal for self-employed individuals or those with variable income, offering less stringent qualification criteria.
Conventional Loans
A traditional mortgage option ideal for borrowers with strong credit, stable income, and the ability to make a down payment. This loan offers a variety of terms and competitive interest rates, making it a versatile choice for many homebuyers.
VA Loans
Exclusively for veterans, active-duty service members, and certain military spouses, VA loans offer significant benefits like no down payment requirements, no private mortgage insurance, and competitive interest rates.
FHA Loans
A Federal Housing Administration-backed loan designed for lower-income borrowers. These loans require smaller down payments and are more accessible to those with less-than-perfect credit scores, making homeownership more attainable for first-time buyers.
USDA Loans
Aimed at aiding rural homebuyers, these loans are backed by the United States Department of Agriculture. They offer the advantage of no down payment and are designed to boost rural area development.
Native American Section 184 Loan
Section 184 Native American Loans are designed specifically with Native American homebuyers in mind. They offer tailored support and benefits, making the loan process easier and more accessible for members of Native American communities looking to buy a home.
Jumbo Loans
Designed for financing properties that exceed the conforming loan limits set by Fannie Mae and Freddie Mac. These loans are suitable for purchasing high-value properties, offering larger loan amounts but typically requiring stronger credit and larger down payments.
Refinance Loans
This option allows homeowners to replace their existing mortgage with a new one, potentially with better terms or rates. It’s a strategic choice for those looking to reduce monthly payments, shorten loan terms, or tap into home equity.
