Oklahoma Program Highlights

Oklahoma County, Turnkey PLUS | At-A-Glance

Oklahoma County Turnkey PLUS | At-A-Glance

AVAILABLE PROGRAMS Turnkey PLUS Mortgage Loan Origination Program
ELLIGIBLE AREA Oklahoma County, OK
ELIGIBLE BORROWER(S) No first-time buyer requirement
RATES See Chart
DPA AVAILABLE See Chart
LOAN TYPE See Chart
INCOME LIMITS Income Limits
PURCHASE LIMITS New or Existing Properties $283,348 Must include everything paid by the buyer or on the buyer’s behalf.
TIMELINE REQUIREMENTS 70 days from Reservation to Loan Purchase. Underwriter Certification within 15 days of reservation.
HOMEBUYER EDUCATION Homebuyer Education
CO-SIGNORS Co-Signer is permitted by the program subject to the Lender following all applicable loan agency and US Bank guidelines.
PROGRAM GUIDELINES Guidelines
PARTICIPATING LENDERS Participating Lenders

Today’s Rates & Offerings [ Business Days 9:00am – 7:00pm CT ]

Oklahoma County, Turnkey PLUS | Rates & Offerings

GOVERNMENT

Oklahoma County Turnkey PLUS Mortgage Program


FHA, VA, USDA-RD


  • No first-time buyer requirement
  • Must be principal residence
  • Maximum Income Limits
  • Maximum Purchase Price Limits
  • 70 calendar days from loan reservation to loan purchase (Underwriter Certification 15 calendar days)
  • 1003 Credit qualifying income
  • Assistance offered as a non-repayable GRANT
  • Assistance is a percentage of the total (include MIP) Note amount
  • Maximum DTI 45% with 640-679 FICO
  • Maximum DTI is 50% with 680 FICO
  • Minimum FICO for FHA, VA and USDA-RD is 660
  • Eligible area: Oklahoma County
Offering FICO DPA Lock Rate
FHA, USDA, VA 660 0% 5.625%
FHA, USDA, VA 660 2% 6.250%
FHA, USDA, VA 660 3.5% 6.750%
FHA, USDA, VA 660 5% n/a
CONVENTIONAL – HFA Advantage – Freddie Mac 80% AMI

Oklahoma County Turnkey PLUS Mortgage Program


Freddie Mac HFA Advantage


  • No first-time buyer requirement
  • Must be principal residence
  • Maximum Income Limits
  • Maximum Purchase Price Limits
  • 70 calendar days from loan reservation to loan purchase (Underwriter Certification 15 calendar days)
  • 1003 Credit qualifying income
  • Assistance offered as a non-repayable GRANT
  • Assistance is a percentage of the total (include MIP) Note amount
  • Maximum DTI 45% with 640-679 FICO
  • Maximum DTI is 50% with 680 FICO
  • Minimum FICO for Freddie Mac 640
  • Eligible area: Oklahoma County
Offering FICO DPA Lock Rate
Freddie Mac 80% AMI 640 0% 6.000%
Freddie Mac 80% AMI 640 2% 6.500%
Freddie Mac 80% AMI 640 3.5% 7.250%