Rural Development Loan

08/07/2025

📈 Looking to give your credit score a quick boost? While building strong credit takes time, these smart steps can help you speed things up:

1️⃣ Review Your Credit Report – Spot any errors? Dispute them - mistakes can hurt your score.
2️⃣ Pay Down Balances – Lower credit usage = higher score.
3️⃣ Make Multiple Payments – Paying twice a month keeps your balance lower.
4️⃣ Request a Credit Limit Increase – This can improve your utilization ratio (just don’t spend more!).
5️⃣ Open a New Account – Only if needed! A good credit mix helps your score.
6️⃣ Negotiate Past-Due Balances – Settle or set up a payment plan.
7️⃣ Become an Authorized User – A trusted family member’s good credit can help give yours a lift.

💡 Remember, credit health is a journey - but small, smart moves can lead to big results!

08/05/2025

💰 Want to stay financially strong? Start by knowing your numbers!

As your trusted mortgage lender, we're here to share 6 key figures that give you a clear picture of your financial health - and help you plan with confidence:

1️⃣ Credit Score – Impacts your loan terms and interest rates. Higher = better deals.
2️⃣ Monthly Income – Know your take-home pay to build a solid budget.
3️⃣ Savings Rate – Aim to save at least 20% of your income for future goals.
4️⃣ Total Debt – Track what you owe to better manage repayments.
5️⃣ Debt-to-Income Ratio – Lenders use this to evaluate your ability to handle new loans.
6️⃣ Net Worth – Your assets minus liabilities = a snapshot of your financial standing.

💡 These numbers aren't just statistics - they're tools to help you make smart, empowered choices. Ready to take control of your finances? Let’s talk!

07/29/2025

When’s the last time you checked your home’s value?

In today’s market, it’s smart to stay in the know! Whether you’re thinking about refinancing, selling, or just want to better understand your finances, a quick home value check can go a long way. 💰📊

Knowledge is power - especially when it comes to your biggest investment!

07/25/2025

🏡 First-time homebuyer? Congratulations and welcome to this exciting new chapter! 🎉

Buying your first home can feel overwhelming - but with the right prep and support, you can navigate the process with confidence and clarity.

✔️ Here’s a helpful checklist to get you started on the right foot!

Let’s turn your dream of homeownership into a reality. Click here to learn more: https://ruraldevelopmentloan.com

07/24/2025

🤔 Home financing can feel like a different language - but it doesn’t have to!

The market is always changing, and understanding the terms and concepts is key to making smart, confident decisions.

Knowledge is power - and we're here to help you feel confident every step of the way!

07/23/2025

🏡 Dreaming of your own place? Let’s make it a reality - without the stress.

Whether you're buying your first home or refinancing, we’ve got you covered:
✅ Tailored loan solutions
✅ Great rates
✅ Step-by-step support from pre-approval to closing

📞 Call us today - your dream home is just a few steps away!

07/22/2025

Financial Perks of Homeownership 🏡✨
Unlock the long-term benefits of owning your own home!

1️⃣ Build Equity: Every mortgage payment helps grow your equity - your home’s value minus what you owe.
2️⃣ Home Appreciation: Homes often rise in value, boosting your net worth over time.
3️⃣ Cost Stability: With a fixed-rate mortgage, your housing costs stay predictable - no more surprise rent hikes!

Ready to invest in your future? Drop a comment or message us - we’re here to help!

06/09/2022

Special Procedure Notice from USDA sets Higher Income Limits for Oklahoma USDA Borrowers. The USDA Rural Development income limits for all of Oklahoma have been increased to $103,500 for a 1-4 person household and $136,600 for 5+ household. This is an all-time high which will allow much higher purchase prices for those using the program to purchase a home with no down payment. The USDA home loan program provides an affordable, zero-down home financing option for home buyers in many areas of Oklahoma. You do not need to be a first-time home buyer to take advantage of this program. The USDA sets standard income limits to ensure these home loans are readily available to the people they serve.

Click here to learn more!

Special Procedure Notice from USDA sets Higher Income Limits for Oklahoma USDA Borrowers USDA RURAL DEVELOPMENT INCOME ELIGIBILITY FOR 2022The USDA Rural Development income limits for all of Oklahoma have been increased to $103,500 for a 1-4 person household and $136,600 for 5+ household. This is an...

10/15/2021

USDA Rural Development Fiscal Year 2022 SFH Guaranteed Funds Now Available starting 10/14/2021!

Fiscal Year 2022 funding for the USDA Rural Development’s Single-Family Housing Guaranteed Loan Program is now available.

Oklahoma borrowers can continue to take advantage of no down payment financing on homes located in USDA Rural Development areas.

Click here to get started and determine your eligibility for this great program!

Am I Eligible? The property to be purchased must meet specific guidelines to qualify for a RD mortgage: USDA Home Loans are intended for families interested in purchasing single family, stick built homes. Investment properties, homes that are considered income producing properties, and mobile homes....

09/24/2021

USDA Rural Development Guaranteed Loan Fiscal Year 2022 Funding Lapse

At the beginning of each fiscal year, funding for the USDA Rural Development guaranteed home loan program is not available for a short period of time for borrowers in Oklahoma and across the United States– approximately two weeks. USDA anticipates this brief lapse in funding to continue for Fiscal Year 2022. Fiscal Year 2022 will begin October 1, 2021 and ends at the close of business September 30, 2022. This means during the temporary lapse in funding, Rural Development - Rural Housing Service (RHS) will issue Conditional Commitments (Form RD 3555-18/18E) “subject to the availability of commitment authority” for purchase and refinance transactions. When funds become available for Fiscal Year 2022, RHS will advance these files to “Obligate Application” for Conditional Commitments that were issued for loans subject to the availability of commitment authority.

The USDA Rural Development guaranteed home loan program will continue with an upfront guarantee fee of 1.00 percent and an annual fee of .35 percent that will apply to both purchase and refinance transactions for Fiscal Year 2022.

If you're ready to start your USDA Rural Development Home Loan, check your eligibility or have specific questions on the USDA Rural Development Home Loan please call us at 918-495-3773.

05/19/2017

Please share!

We have great news for home buyers who would
like to buy a home without using a down payment!

The USDA Rural Development program just
notified us that they are going to make it
easier for a borrower to qualify for their program.

They have increased the income eligibility limits
in Oklahoma to allow more borrowers to use
this great program to buy a home.

Now the limit for a family of 1-4 is $78,200.
If you have a family of 5 or more it has been raised to $103,200!

This is going to help so many people across Oklahoma
that have not been eligible in the past.

Who do you know that would like to buy a home
with no down payment?

We would love to help explain what it takes to qualify
and the steps to buy a home this summer!

The attached image shows the areas that are ineligible in yellow. Everywhere else works for the USDA Rural Development program.