If you are a first time home buyer (or know one!) that is looking to purchase a home in Cleveland or McClain county, I have some pretty good news for you. The Cleveland County/McClain County bond program just announced that they will be offering primary financing for first time home buyers at 2.95% including 3.00% down payment assistance, or 2.60% if you don't need the down payment assistance!
To qualify, you must be a first time home buyer (or someone who hasn't owned a home within the last 3 years), plus, the following:
- For a 1-2 person household, your household income must be below $68,449
- For a 3+ person household, your household income must be below $78,717
- For a single family home, the purchase price must be below $244,350
- For a