AVB Mortgage Center is proud to offer Oklahomans an affordable way home. Our expert lenders have a working knowledge of the Oklahoma real estate market. Let's find the right program for you!
- Free Pre-Qualification - providing extra confidence when it comes to securing financing
- Fast, Local Processing & Decision Making
- Hands-on Guidance - from start to finish
- Competitive Rates - home purchase or refinance your current home to potentially lower your rate
- Flexible Terms - customized to your homebuying budget
You have found the right place for your mortgage.
We're excited to help you purchase the home of your dreams - at the right price. With a loan from AVB, you get our in-depth mortgage analysis given in easy-to-understand language, highlighting the key terms of your home loan.
Now, find the mortgage that is right for you.
Learn more about the home mortgage programs AVB Mortgage Center offers and visit with our Mortgage Professionals.
Conventional Fixed-Rate Mortgage
This type of home loan tends to be the most popular, because it helps protect homeowners from payment surprises and is easier to understand. These loans are not insured by the government (like FHA, VA, USDA), but they typically meet the lending guidelines that have been set by Fannie Mae or Freddie Mac. Typically, conventional loans offer loan-to-values up to 95% with competitive rates and flexible terms and may offer lower fees than other types of loans.
There are several reasons first-time homebuyers may want to consider a fixed-rate mortgage:
There are several reasons first-time homebuyers may want to consider a fixed-rate mortgage:
- Your interest rate - and your monthly payment of principal and interest - will remain the same for the entire term of the loan.
- It's convenient if you plan to stay in your first home for an extended period.
30-year term, $100,000 loan amount, fixed rate of 6.75%, as of 8.6.2024, Annual Percentage Rate (APR) of 6.851%, monthly principal and interest payment of $648.60, credit and collateral restrictions may apply, term and rate subject to change.
FHA Loan
The Federal Housing Administration (FHA) insures loans so lenders can offer financing to home buyers with limited down payment funds and/or credit challenges. FHA loans offer low down payments (generally 3.5%) and refinancing with up to 96.5% loan-to-value (LTV) available on rate/term refinances; flexible credit and income guidelines.
An FHA loan might be the right fit for you if you have less than perfect credit or low equity in your existing home; first-time homebuyers should visit with us further about an FHA loan.
30-year term, $100,000 loan amount, fixed rate of 6.50%, as of 8.6.2024, Annual Percentage Rate (APR) of 6.995%, monthly principal and interest payment of $632.07, credit and collateral restrictions may apply, term and rate subject to change.
VA Loan
A VA loan is a mortgage loan guaranteed by the U. S. Department of Veteran Affairs (VA) that is available to most US Service members (active duty or honorably discharged, based on the VA guidelines).
Program benefits include:
- No money down
- Refinancing up to 100% of the value of your home
- No private mortgage insurance (PMI) required
- Flexible credit and income
USDA Rural Development (RD) Loan
The U. S. Department of Agriculture (USDA) is another government sponsored home buying program to promote homeownership, especially to first-time homebuyers.
This program offers:
- Zero down payment
- Lower private mortgage insurance (PMI) than FHA and Conventional loans.
Income, location and other restrictions apply.
Native American - 184 Loan
This Native American - 184 loan is designed to allow affordable down payment options for Native American borrowers that are purchasing a home.
This loan can be used for:
- New construction
- Rehabilitation
- Purchase of an exiting home
- Refinance
Maximum loan limits vary by county.
Home Equity Line of Credit
Unlock the cash in your home with an AVB Home Equity Line of Credit!
Get access to the equity in your home at low interest rates and explore the possibility of certain tax advantages* that may not be available with other loans.
*Consult with your tax advisor.
Home Improvement/Refinance Loan
Whether you are looking to lower your monthly mortgage payment, switch to a fixed rate, consolidate your first and second mortgage or even get cash out to finance a major expense, AVB Mortgage Center has the mortgage refinance information you need.
If you are experiencing payment difficulties, let's work together to help keep you in your home.
Jumbo Loan
If you are purchasing a home requiring a loan between $766,550 - $3,000,000, talk to us about the AVB Jumbo loan.
- Fixed rate
- 85% loan-to-value
- No pre-payment penalty
- No private mortgage insurance (PMI)
Terms up to 30-years; only available on owner-occupied homes.
30-year term, $770,000 loan amount, fixed rate of 6.875% as of 8.6.2024, Annual Percentage Rate (APR) of 6.885%, monthly principal and interest payment of $5,058.35, credit and collateral restrictions may apply, terms and rate subject to change. Other Jumbo mortgage products available, contact any mortgage officer for details.
