FHA Home Mortgage Loans &
Your online resource for Oklahoma
mortgage lending and refinancing
help with getting your loan? If so give us a call
Call Today 855-529-5222
FHA home loan program was created to help increase homeownership.
The FHA program makes buying a home easier and less expensive
than other types of real estate mortgage home loan programs. Some
highlights of the FHA loan program are:
Payment and Closing Costs
less than 3% of Sales Price
Financing options available*
for downpayment and closing costs allowed.
reserves or required.
regulated closing costs.
can credit up to 6% of sales price towards buyers costs.
Qualifying Guidelines such as:
minimum FICO score or credit score requirments.
will allow a home purchase two years after a Bankruptcy.
will allow a home purchase three years after a Foreclosure.
Easier Debt Ratio
& Job Requirement Guidelines such as:
Debt Ratio's than other home loan programs.
than two years on the job is allowed.
These advantages of
the FHA loan program has made it one of the best options for most
first time home buyers as well as move-up home buyers.
You do not have to
be a first time buyer to obtain a FHA loan, anyone may use a FHA
loan as long as you do not have more than one FHA insured loan
at any one time.