Zeshu Financial Group
5807 S Garnett Rd Suite I
Tulsa, Oklahoma 74146
Toll Free 1-877-205-7266 | Fax: 918-459-6535
Oklahoma USDA Home Loan Program Information
Most people do not know that USDA (United States Department of Agriculture) has Home Purchase Programs.
Oklahoma USDA (United States Department of Agriculture) rural mortgage program is another government sponsored home buying program. Like Oklahoma FHA and Oklahoma VA, USDA DOES NOT originate the mortgage, you get an Oklahoma USDA mortgage through a lender like us!
Basic highlights of Oklahoma USDA mortgage program:
- Zero Money Down
- One Loan at a Low Fixed Rate
- No Mortgage Insurance (PMI) Insurance required
- No cash reserves required (money in the bank not required)
- Single Family Homes only (can’t purchase duplexes, apartments, ect.)
- No mobile homes
- No “fixxer-uppers” (standard homes in working order)
- Flexible credit requirements (similar to FHA)
- Closing Costs,1st years Hazard Insurance and Taxes can be rolled into the loan.
Income Restrictions: Rather than having a loan limit, USDA has household income limits, which vary by county and household size. Click here check your USDA income restrictions in your area.
Location Restrictions: USDA home loans are not for the “big cities” but most surrounding areas qualify. Click here to check qualifying areas in Oklahoma.
If you qualify for an Oklahoma USDA mortgage, many times it can be a more attractive mortgage program than FHA!
Zeshu Financial Group
5807 S Garnett Rd Suite I
Tulsa, Oklahoma 74146
Toll Free 1-877-205-7266 | Fax: 918-459-6535
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