Available for purchase or refinance of your home, including cash-out or debt consolidation. The interest rate can be fixed or adjustable, and have several options on repayment terms.
Jumbo loan financing is available for loans exceeding the maximum loan amount established for conventional conforming loans up to $2,000,000.
FHA loans have been helping people become homeowners since 1934. They are ideal for the first time homebuyer. FHA loans offer low down payment, low interest rates, and easier credit qualifying. Refinance options are available.
VA loans are guaranteed by the U.S. Department of Veterans Affairs. They are available to active, reservist and veterans of the armed forces. The VA determines eligibility and issues a Certificate of Eligibility. VA loans offer low or no down payment and do not require monthly mortgage insurance. VA loans can be used for purchase or refinance.
Primarily used to help low-income individuals or households purchase homes in rural areas. Funds can be used to build, repair, renovate or relocate a home, or to purchase and prepare sites, including providing water and sewage facilities. There are no down payment requirements and no monthly mortgage insurance requirements.
Section 184 Native American Loans
The Section 184 Home Loan Guarantee Program is a home mortgage specifically designed for American Indians. Section 184 loans can be used both on and off native lands for new construction, rehabilitation, purchase of an exisiting home, or to refinance.
Oklahoma Housing Finance Authority
This program provides low interest home loans through state bond money. Their most popular type of loan offers down payment and closing cost assistance.
First United's construction loan program allows interest-only payments to be made on those funds that have been periodically disbursed during the construction process. Your First United Mortgage Loan Specialist can even give you pre-approval on permanent financing before construction begins.
Doctor Loan Program
First United offers Doctors' loans for primary residences with a fixed and ARM rate program. At least one of the borrower(s) must be a physician (a new resident or attending) or a dentist. Proof of medical license is required. See your Mortgage Loan Consultant about the types of medical professional eligibility and terms for this loan.
One-Time Close Construction to Permanent and Renovation Loan Program
This one-time closing loan program is designed to provide borrowers with financing to build, remodel or improve a primary residence. This means that borrowers can move through the steps of construction with peace of mind, knowing their permanent financing needs are already in place.
Rural Enterprises of Oklahoma (REI)
REI is commited to helping Oklahoma's working families become proud homeowners by providing down payment and closing cost assistance with their Market Rate Housing Program.
Tulsa County Bond
Provides down payment assistance to qualified buyers.
First United offers flexible financing terms.
Borrower must meet program guidelines. Guidelines may vary and are subject to change.