Friday, April 24, 2009

Oklahoma Housing Finance Agency Bond Program

OHFA will release approximately $31 million dollars in bond money on April 28, 2009.  The money will be used to give qualified first time home buyers a 3.5% down payment on their first home.

This bond program, along with its low rate, is timed perfectly with the federal tax credit of $8,000 for qualified first time home buyers.  

The press has been calling this combination a "modern land run" claiming there has never been a better time for first time home buyers to purchase a home.

For more information regarding the OHFA bond program: www.ohfa.org


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