Several months back I heard someone declare that down-payment assistance programs were dead and we’d never see them again. Well, apparently, that someone was wrong.
As of the end of this month, there will be about $31M available to first-time home buyers in Oklahoma in the form of special bond money, at 5.83%, and down-payment assistance up to 3.5% of purchase price.
Some are even calling it a modern-day land run. I guess that comparison can be easily drawn, as we’re seeing an already amazing offering (historically-low interest rates, an $8K tax credit, and a market leaning in favor of the buyers) made even better with the availability of this program.
So, if you’re a renter, there may never be a better time to jump into the world of home ownership. For more details on this program, just call or email us, and we’ll help you get the ball rolling.