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This program assists approved lenders in providing low- and moderate-income households the opportunity to own adequate, modest, decent, safe and sanitary dwellings as their primary residence in eligible rural areas. Eligible applicants may build, rehabilitate, improve or relocate a dwelling in an eligible rural area. The program provides a 90% loan note guarantee to approved lenders in order to 

An FHA insured loan is a US Federal Housing Administration mortgage insurance backed mortgage loan which is provided by an FHA-approved lender. FHA insured loans are a type of federal assistance and have historically allowed lower income Americans to borrow money for the purchase of a home that they would not otherwise be able to afford. Because this type of loan is more geared towards new house owners rather than real-estate investors, FHA loans are different from conventional loan in the sense that the house must be owner occupant for at least a year.

A conventional loan is a type of mortgage loan that is not insured or guaranteed by the government. Instead, the loan is backed by private lenders, and its insurance is usually paid by the borrower.

The Section 184 Indian Home Loan Guarantee Program is a home mortgage product specifically designed for American Indian and Alaska Native families, Alaska villages, tribes, or tribally designated housing entities. Congress established this program in 1992 to facilitate homeownership and increase access to capital in Native American Communities.

With Section 184 financing borrowers can get into a home with a low down payment and flexible underwriting. Section 184 loans can be used, both on and off native lands, for new construction, rehabilitation, purchase of an existing home, or refinance.

Section 184 is synonymous with home ownership in Indian Country.

A VA loan is a mortgage loan in the United States guaranteed by the United States Department of Veterans Affairs (VA). The program is for American veterans, military members currently serving in the U.S. military, reservists and select surviving spouses (provided they do not remarry) and can be used to purchase single-family homes, condominiums, multi-unit properties, manufactured homes and new construction. 

Refinancing is the process of replacing an existing mortgage with a new loan. Typically, people refinance their mortgage in order to reduce their monthly payments, lower their interest rate, or change their loan program from an adjustable rate mortgage to a fixed-rate mortgage.

You're One Application Away From Your Dream Home

This application requests the minimum amount of information that is necessary to actually process a loan. Contact one of our loan officers if you have any questions about what to fill out.

About Homestead Mortgage

Homestead Mortgage Services, Inc. has been in the business of providing home loans for Oklahomans from our Offices in Tahlequah since 1978. We provide home mortgages and refinances anywhere in the state of Oklahoma. 

You will be provided a personal Loan Officer and personal Loan Processor.  You will not be dealing with several different people. All of our mortgage programs are Low Fixed Rate Mortgages with No Prepayment Penalties for early or extra payments. Many of our Mortgage Programs require $0.00 Dollars at closing.

Contact Us

918-456-5599

Address 171 W 4TH ST, TAHLEQUAH, OK 74464

Email homesteadmortgages@yahoo.com