The Stillwater housing market has seen steady growth, driven by the city's strong economy and the presence of Oklahoma State University. The median home price is around $173,000, making it an attractive option for both first-time homebuyers and those looking to upgrade. NMHL's knowledge of the local market allows us to provide Stillwater borrowers with tailored mortgage solutions that meet their unique needs.

Stillwater's neighborhoods offer a range of housing options, from historic homes in the downtown area to newer developments in the north part of the city. Our mortgage experts can help you explore these neighborhoods and find the best fit for your lifestyle and budget.

At NMHL, we offer a variety of mortgage programs designed to serve the diverse needs of Stillwater borrowers. Our loan options include FHA, VA, USDA, and conventional loans, each with its own benefits and eligibility requirements. For example, our FHA loans offer down payments as low as 3.5%, making homeownership more accessible to first-time buyers. Veterans can take advantage of our VA loans, which often require no down payment and offer competitive interest rates.

• FHA Loans: 3.5% down payment, flexible credit score requirements
• VA Loans: No down payment required, competitive interest rates
• USDA Loans: 100% financing for rural areas, low interest rates

Oklahoma offers several down payment assistance programs that can help Stillwater residents achieve their homeownership goals. The Oklahoma Housing Finance Agency (OHFA) provides down payment assistance to eligible borrowers, which can be combined with NMHL's mortgage programs. Our experts can help you navigate these options and determine your eligibility for assistance.

For example, the OHFA down payment assistance program can provide up to 4% of the home's purchase price in assistance. When paired with NMHL's competitive mortgage rates, this can make a significant difference in your ability to afford a home in Stillwater.

At NMHL, we're committed to providing Stillwater borrowers with personalized mortgage solutions and exceptional customer service. Our local expertise and knowledge of the Stillwater market allow us to offer tailored guidance and support throughout the mortgage process. Whether you're a first-time homebuyer or an experienced homeowner, we're here to help you achieve your goals.

Our mortgage experts are dedicated to helping you explore your options, from pre-approval to closing. With NMHL, you can trust that you're working with a lender who understands the unique challenges and opportunities of the Stillwater housing market.