FHA can make your homeownership dreams come true! A borrower may now qualify for up to $271,050 for an FHA loan amount!!
FHA has helped millions of Americans secure their dream of homeownership since 1934. In Oklahoma, homeowners may borrow up to a loan amount of $271,050 either towards a purchase or a refinance. This allows for either a new construction or a previous existing home. Best of all, there are no income limits for the borrower!
Benefits of an FHA loan include:
A low downpayment of 3.5%;
Flexible underwriting for individuals with credit challenges or borrowers with no credit, making a great option for first time homeowners!
The ability to utilize gift funds from one of the many down payment assistance grant programs, or from a relative;
A seller of a property can pay up to 6% of the sales price towards the borrowers closing costs.
For a re-finance, a borrower may borrow up to 95% of the value of their home.
Call today, or fill out the form below and get started on your FHA loan!
Oklahoma Mortgage Loans PO Box 851520 Bank of Commerce Yukon, OK 73099
