Rural Development Loan

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🏡 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!

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.

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.