Oklahoma Mortgage Group - Mike David

Drone Delivery Has Officially Landed in Tulsa A new kind of delivery service is now operating above part of Midtown Tulsa. Manna Air Delivery launched commercial service near Cherry Street on August 12, allowing eligible customers to receive food and other small items by drone. The initial service area covers approximately two miles surrounding the company’s first Tulsa base. It is a limited launch, not yet a citywide service—but it gives Tulsa residents an early look at how air delivery could become part of everyday local commerce. How Tulsa’s Drone Delivery Works Customers begin by downloading the Manna app and entering their address. The app determines whether the property is currently inside the service area and has a suitable delivery location. If the address qualifies, customers can order from participating businesses and follow the aircraft’s progress through the app. Manna employees collect orders from local businesses and bring them to the Cherry Street base. The packag...

Bixby’s 2026 Bond Vote: A Plain-Language Guide to the Four Propositions Bixby residents will vote August 25 on a proposed general obligation bond designed to address several needs connected to the city’s continued growth. Rather than presenting voters with one combined question, the proposal is divided into four propositions: public safety, roads, parks, and wastewater. Each proposition will be decided separately. Here is a straightforward look at what the City says each proposal would fund. Proposition 1: Public Safety The first proposition includes three public-safety projects. A new fire station is proposed for South Bixby, where continued development has increased demand for emergency services. The City says another station would help distribute Fire and EMS resources more effectively across the community. The proposition also includes a city-operated animal shelter. Bixby currently relies on outside providers for shelter services and has used three different providers durin...

  For many prospective homebuyers, the biggest challenge is not necessarily qualifying for a monthly mortgage payment. It is having enough money available for the down payment and closing costs. A newly funded program from the Cleveland County Home Loan Authority may help address that challenge while also offering a highly competitive interest rate. The Cleveland County Home Loan Authority First Home Program currently combines a 6.06% fixed mortgage rate with down payment assistance equal to 3.5% of the loan amount. Most importantly, the assistance is provided as a grant. It does not create a second lien and does not have to be repaid. What the program currently offers: • 6.06% fixed interest rate • 3.5% down payment assistance • Grant assistance with no repayment required • No second mortgage or second lien • FHA, VA and USDA financing options • 30-year fixed-rate financing • 620 minimum credit score On a $400,000 loan, 3.5% would equal $14,000 in down payment assistance. HOW DOES...

A condo can offer the right location, maintenance arrangement or price point for a buyer. It also comes with a financing question that does not arise in exactly the same way with every detached home: is the condominium project eligible for the intended loan? Fannie Mae published project-standards updates in Lender Letter LL-2026-03 on March 18, 2026. For Fannie Mae loan applications dated on or after Aug. 3, 2026, the Limited Review process has been retired. Depending on the facts, an established project may need a Full Review or may qualify for a Waiver of Project Review. Fannie Mae also updated policies involving project reserves and financial health. This does not mean every condo purchase will be delayed or denied. It does mean buyers, sellers, Realtors and association contacts can help by starting the documentation conversation early. Here are several items a lender may need to evaluate, depending on the program and transaction: • condominium association budget and reserve informa...

  Two Tulsa neighborhoods are receiving additional support to grow, improve and attract investment without losing the local character that makes them special. The City of Tulsa recently announced that the Pearl District and SoBo have officially joined the Oklahoma Main Street network. The designation gives both districts access to revitalization guidance, technical assistance and resources designed to strengthen neighborhood business corridors. What Is the Oklahoma Main Street Program? The Oklahoma Main Street program helps communities and commercial districts take a thoughtful, long-term approach to revitalization. The focus is not simply on constructing new buildings. It includes supporting local businesses, improving public spaces, preserving neighborhood identity and creating places where people want to live, work, shop and spend time. For Tulsa’s Pearl District and SoBo, the designation could help neighborhood leaders build upon the momentum already happening in both areas. Wh...

Buying a home can feel out of reach when the biggest concern is the down payment. That is why we now have a new tool available on our website that allows buyers and Realtors to check potential eligibility for down payment assistance programs and grant opportunities. This resource is now live and ready to use. A Helpful First Step for Buyers Many buyers assume they need a large down payment to purchase a home. In some cases, there may be assistance programs or grants available that can help reduce the amount needed upfront. This new tool gives buyers a simple way to start exploring possible down payment assistance options before they give up on buying. It can be especially helpful for: First-time homebuyers Buyers with limited savings Clients worried about cash to close Renters who want to become homeowners Realtors working with budget-conscious buyers Check for Additional Grant Opportunities Some buyers may qualify for additional assistance based on their profession, milita...