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%;
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!
