Oklahoma Mortgage Group - Mike David

  Only $630,000 remains available through the Tulsa County Home Finance Authority program, creating a limited opportunity for qualified first-time homebuyers who need help with the upfront cost of purchasing a home. The remaining funds are available on a first-come, first-served basis. Once the money has been reserved, this opportunity will close. What the program currently offers Qualified borrowers may receive a 6.35% fixed interest rate on a 30-year FHA, VA or USDA first mortgage, along with down payment assistance equal to 3.5% of the total first-mortgage note amount. The assistance is structured as a five-year forgivable second mortgage. If the program’s requirements are met throughout the five-year period, the assistance may be forgiven. Current program highlights include: • 6.35% fixed interest rate • 3.5% down payment assistance • Five-year forgivable second mortgage • FHA, VA and USDA financing options • Minimum 620 FICO score • Household income limits and other program re...

If you've been following mortgage rates this summer, you know the story has been frustrating. Every time rates appeared ready to improve, another inflation report, geopolitical headline or jump in Treasury yields seemed to push them back in the other direction. But over the last two weeks, the economic picture has started to become a little more encouraging for homebuyers. Mortgage rates haven't suddenly become “low,” and nobody should assume a major drop is right around the corner. But we're finally seeing several pieces of the economy moving in a direction that could eventually provide some relief. At the same time, something important is happening locally: Tulsa homebuyers are gaining negotiating power. Here's what buyers, homeowners and Realtors should know. Mortgage Rates Eased Slightly Last Week Freddie Mac's national benchmark for a 30-year fixed-rate mortgage averaged 6.67% on August 13 , down slightly from 6.69% the previous week. The 15-year averag...

  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...

We’re proud to announce that Mike David, Producing Branch Manager of Oklahoma Mortgage Group, has been recognized on the Scotsman Guide Top Originators list for 2026, based on outstanding performance in 2025. This national recognition places Mike among the top mortgage professionals in the country and reflects a year of strong production, client service, and consistent results. He was recognized in multiple categories, including: • Top Dollar Volume • Most Loans Closed • Top FHA Volume • Top VA Volume But behind every number is something far more meaningful—people and their stories. In 2025, our team had the opportunity to help approximately 260 families navigate the home financing process.  At Oklahoma Mortgage Group, we believe getting a mortgage should feel clear, strategic, and personalized. Our team focuses on: • Transparent communication throughout the loan process • Customized loan options tailored to each client • Creative solutions for unique financial situatio...