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Oklahoma FHA Loans

PrimeLending 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%).