NORMAN — Republic Bank & Trust will be honored as a 2013 Diamond Award Mortgage lender by the Oklahoma Housing Finance Agency (OHFA).
Each year OHFA recognizes their Top 10 producing lenders in its Advantage Mortgage Revenue Bond Program during the agency’s Sept. Board of Trustees meeting.
Through the Advantage Bond program, OHFA approves and partners with mortgage lenders across the state who provide assistance to homebuyers in all 77 counties. The OHFA Bond down-payment assistance program helps families who face a lack of funds for down-payment and closing costs.
Qualified homebuyers can receive a 30-year fixed rate low-interest mortgage loan and also may be awarded funds equaling 3 and a half percent in down-payment assistance.
Republic assisted 28 individuals and families in obtaining first-time homebuyer assistance.