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Oklahoma FHA Loans

New American Funding Offers Oklahoma FHA Mortgages

 

Top 10 Reasons to Choose an Oklahoma FHA Loan

Oklahoma FHA loans

     

  1. Oklahoma FHA borrowers may contribute as little as 3.5% towards their total purchase transaction.*
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  3. Seller can contribute 6% seller’s concession towards closing costs and pre-paid items.
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  5. 85% LTV cash-out refinances.*
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  7. Oklahoma FHA loans no longer include challenging repair requirements on appraisals.
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  9. No reserve requirements for FHA loans.
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  11. Non-occupant co-borrowers can be included on FHA loans for single family homes and condominiums.
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  13. 100% of the FHA loan down payment, closing costs, and escrows can be from a gift or bridal registry.
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  15. When you acquire an FHA loan, the United States government guarantees your mortgage.
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  17. FHA loans have expanded qualifying ratios, even for buy-downs (31%-43%).