Oklahoma FHA Loan Rates, Closing Costs & Stats

Oklahoma

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    • FHA loans are mortgages created in the 1930's to help insulate lenders from credit risks and help promote home ownership. The Federal Housing Administration (hence, FHA) allows for lower downpayments and credit scores-- making these loans much more accessible than traditional mortgages.

    FHA loans typically need just a 3.5% downpayment with credit scores of 580 or better. For credit scores between 500-579, the downpayment needs to be at least 10%.

    While FHA loans make home ownership much more accessible to first-time homebuyers, they do require PMI (purchase money insurance)-- an additional insurance premium that is paid to the FHA to help cover defaults.

    For additional requirements as defined by the FHA, click here.

    Oklahoma FHA Loans, 30 Year Fixed Rates

    30 Year FHA mortgages in Oklahoma averaged 6.41% for the week of 2025-04-11, compared to the national average (all FHA variants) of 6.429% for the same period.

    Oklahoma's average FHA mortgage closing costs are $7,414.

    The average rate for the prior week (2025-04-04) was 6.63% and one month ago for the week of 2025-03-07, the average rate was 6.59%.

    The average rate one year ago was 6.94%.

    For refis of the same type during the week of 2025-04-11, the average rate was 6.37%.

    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

    Oklahoma FHA Loan Lenders by Rates & Fees

    The below table looks at the average fees/closing costs and rates for FHA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Oklahoma level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    QUICKEN LOANS, LLC 836 6.37% $10,784
    First United Bank and Trust Company 793 6.50% $9,672
    ASSOCIATED MORTGAGE CORPORATION 528 6.44% $9,823
    UNITED WHOLESALE MORTGAGE, LLC 483 6.25% $11,659
    FLAT BRANCH MORTGAGE, INC. 417 6.71% $8,882
    Stride Bank 383 6.40% $9,476
    Arvest Bank 322 6.55% $8,343
    GUILD MORTGAGE COMPANY 238 6.71% $9,082
    BOKF 221 6.67% $9,092
    BROKER SOLUTIONS, INC. 210 6.85% $10,986
    THE MORTGAGE LINK, INC. 205 6.53% $15,966
    PENNYMAC LOAN SERVICES, LLC 204 6.25% $9,905
    Gateway First Bank 181 6.62% $9,379
    DHI MORTGAGE COMPANY, LTD. 174 5.12% $7,578
    FREEDOM MORTGAGE CORPORATION 167 6.49% $11,518
    Great Plains National Bank 160 6.38% $9,428
    American Mortgage Bank, LLC 159 6.64% $10,322
    LOANDEPOT.COM, LLC 154 6.42% $10,222
    CORNERSTONE HOME LENDING, INC. 149 6.68% $11,069
    BancFirst 143 6.68% $7,515
    MLD MORTGAGE INC. 131 6.41% $10,201
    US MORTGAGE CORPORATION 130 6.63% $10,325
    Chickasaw Community Bank 129 6.28% $9,079
    Firstar Bank 128 6.37% $7,647
    NEWREZ LLC 117 6.53% $9,076
    American Bank of Oklahoma 116 6.02% $8,301
    Waterstone Mortgage Corporation 103 6.59% $11,025
    First National Bank and Trust Company 101 6.57% $9,204
    MID AMERICA MORTGAGE, INC. 96 6.61% $5,621
    American Mortgage & Equity Consultants, Inc. 93 6.89% $11,664
    Equity Prime Mortgage LLC 89 6.94% $9,669
    CROSSCOUNTRY MORTGAGE, LLC 81 6.61% $11,243
    CMG MORTGAGE, INC. 80 6.27% $10,527
    The Central Trust Bank 72 6.36% $8,934
    GUARANTEED RATE, INC. 72 6.49% $9,597
    AmeriHome Mortgage Company, LLC 71 6.56% $8,940
    CWM PARTNERS, L.P. 71 6.00% $9,455
    GARDNER FINANCIAL SERVICES, LTD. 69 6.78% $9,725
    TOWNE MORTGAGE COMPANY 66 6.45% $9,271
    Paramount Residential Mortgage Group, Inc. 65 6.52% $10,200
    SUN WEST MORTGAGE COMPANY, INC. 65 6.39% $9,644
    V.I.P. MORTGAGE, INC. 64 6.31% $11,424
    FIRST AMERICAN MORTGAGE, INC. 64 6.41% $7,319
    INTERLINC MORTGAGE SERVICES, LLC 61 7.09% $5,420
    CARDINAL FINANCIAL 60 6.44% $13,214
    MUTUAL OF OMAHA MORTGAGE, INC. 59 6.67% $14,785
    AMERICAN FINANCIAL NETWORK, INC. 58 6.90% $11,512
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 57 6.65% $10,385
    UNION HOME MORTGAGE CORP. 55 6.39% $11,085
    Mr. Cooper ( Nationstar Mortgage ) 55 6.67% $12,850
    SOUTHWEST FUNDING, LP 52 6.78% $10,955
    Mortgage Research Center, LLC 51 6.76% $5,492
    Flagstar Bank, FSB 51 6.47% $8,507
    F & M Bank 51 6.57% $6,053
    Carrington Mortgage Services, LLC 51 6.18% $12,006
    PRIMELENDING, A PLAINSCAPITAL COMPANY 50 7.10% $8,015
    MORTGAGE SOLUTIONS OF COLORADO, LLC 46 6.80% $10,824
    GENEVA FINANCIAL, LLC 45 6.94% $9,843
    LOANPAL, LLC 45 5.80% $11,727
    SUCCESS MORTGAGE PARTNERS, INC. 44 6.81% $12,520
    RCB Bank 41 6.29% $7,663
    Century Mortgage Company DBA Century Lending Company 41 6.32% $10,600
    PLAZA HOME MORTGAGE, INC. 38 6.73% $11,248
    EAGLE HOME MORTGAGE, LLC 37 4.38% $8,821
    NEW FED MORTGAGE, CORP. 37 6.71% $10,614
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 37 6.48% $9,646
    SWBC MORTGAGE CORPORATION 34 6.61% $6,962
    AMERISAVE MORTGAGE CORPORATION 32 6.26% $13,007
    AMERICAN PORTFOLIO MORTGAGE CORPORATION 31 6.87% $7,461
    OPEN MORTGAGE, LLC 30 6.56% $11,210
    SENTE MORTGAGE, INC. 26 7.09% $11,580
    ZILLOW HOME LOANS, LLC 25 6.31% $10,143
    T2 FINANCIAL LLC 25 6.34% $11,478
    AMERICAN FINANCING CORPORATION 24 6.09% $11,470
    LAKEVIEW LOAN SERVICING, LLC 23 6.29% $12,033
    MidFirst Bank 23 6.42% $7,407
    PLANET HOME LENDING, LLC 22 6.29% $6,763
    Mortgage Investment Services Corporation 22 6.67% $6,501
    Simmons Bank 20 6.31% $8,198
    DEVELOPER'S MORTGAGE COMPANY 20 7.04% $8,036
    ENDEAVOR CAPITAL, LLC. 19 6.18% $10,199
    Midwest Mortgage Associates Corporation 19 6.81% $6,809
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 18 6.61% $10,072
    AMERICAN FINANCIAL RESOURCES, INC. 18 6.48% $12,813
    Mabrey Bank 18 6.31% $8,656
    ENVOY MORTGAGE, LTD 18 6.65% $11,308
    TruHome Solutions, LLC 16 6.40% $7,149
    Regent Financial Group, Inc. 16 6.81% $10,599
    AMERICAN PACIFIC MORTGAGE CORPORATION 15 6.81% $10,700
    MOVEMENT MORTGAGE, LLC 14 6.78% $10,165
    HOMESIDE FINANCIAL, LLC 13 6.48% $11,809
    POLARIS HOME FUNDING CORP. 13 6.78% $12,844
    Network Funding, L.P. 13 6.63% $8,684
    VILLAGE CAPITAL MORTGAGE 13 6.44% $8,597
    HOMEBRIDGE FINANCIAL SERVICES, INC. 12 6.49% $5,749
    Servion, Inc. 12 6.63% $8,113
    Nations Lending Corporation 12 6.34% $13,006
    BAY EQUITY LLC 11 6.28% $9,625
    JPMorgan Chase Bank 11 6.60% $7,188
    Barrington Bank & Trust Company, N.A. 11 6.51% $8,942
    U.S. Bank 11 7.03% $8,820
    FBC MORTGAGE, LLC 10 6.36% $12,509
    Equity Bank 10 6.13% $7,596
    The Loan Store, Inc. 9 6.32% $10,140
    Bank of America 9 6.00% $7,686
    Plains Commerce Bank 9 6.67% $9,794
    PHH Mortgage Corporation 9 6.60% $12,648
    International Bank of Commerce 9 6.90% $10,334
    Cornerstone First Mortgage, Inc 9 6.75% $7,888
    ROYAL UNITED MORTGAGE LLC 8 7.14% $8,784
    TTCU Federal Credit Union 8 6.77% $6,593
    SECURITYNATIONAL MORTGAGE COMPANY 8 6.89% $11,423
    CHURCHILL MORTGAGE CORPORATION 7 6.59% $9,841
    RUOFF MORTGAGE COMPANY, INC. 7 6.23% $9,768
    BETTER MORTGAGE CORPORATION 7 6.13% $9,677
    NEW DAY FINANCIAL, LLC 6 7.66% $5,714
    Sierra Pacific Mortgage Company, Inc. 6 6.58% $10,149
    SFMC, LP 6 7.06% $11,273
    DAS Acquisition Company, LLC 6 6.85% $7,517
    INTERCAP LENDING INC. 6 5.31% $13,325
    OCEANSIDE MORTGAGE COMPANY 5 6.25% $3,612
    AMERICAN HOMESTAR MORTGAGE, L.L.C. 5 6.05% $12,021
    FIRST COLONY MORTGAGE CORPORATION 5 6.63% $7,685
    COMMUNICATION 5 6.78% $7,711
    LAND HOME FINANCIAL SERVICES, INC. 5 7.10% $17,502
    NBKC BANK 5 6.60% $9,575
    S1L, Inc. 5 6.78% $13,197
    PENTAGON FEDERAL CREDIT UNION 4 6.06% $9,521
    NFM, INC. 4 7.19% $12,420
    First Federal Bank 4 6.44% $9,357
    FIRST WESTERN MORTGAGE, INC. 4 6.09% $5,210
    Wells Fargo Bank 4 6.47% $8,534
    EVERETT FINANCIAL, INC. 4 6.69% $10,241
    Goldwater Bank, N.A. 4 6.22% $11,211
    The First National Bank of Fort Smith 4 6.22% $6,870
    The Federal Savings Bank 4 6.41% $12,762
    LEGEND LENDING CORPORATION 4 6.66% $10,160
    LIBERTY HOME MORTGAGE CORPORATION 4 6.63% $16,963
    Members Mortgage Services, L.L.C. 4 6.91% $9,335
    VAN DYK MORTGAGE CORPORATION 4 6.68% $7,535
    Prosperity Bank 4 6.13% $9,317
    M&T Bank 4 5.91% $9,287
    CANOPY MORTGAGE, LLC 4 6.00% $10,275
    OCMBC, INC. 3 7.75% $12,666
    First Bank 3 6.58% $11,830
    GUARANTEED RATE AFFINITY, LLC 3 6.38% $7,459
    MICHIGAN MUTUAL, INC. 3 6.33% $9,226
    Old National Bank 3 5.58% $9,571
    Blue Ridge Bank 3 6.12% $11,042
    BancorpSouth 3 6.75% $7,048
    AXIA FINANCIAL, LLC 3 7.46% $6,151
    TOP FLITE FINANCIAL, INC. 3 6.29% $10,323
    American National Bank & Trust 3 5.83% $8,251
    FIRST COMMUNITY MORTGAGE, INC. 2 6.56% $8,956
    Town Square Mortgage & Investments, Inc. 2 7.25% $6,303
    PRIMARY RESIDENTIAL MORTGAGE, INC. 2 8.25% $7,161
    LEADERONE FINANCIAL CORPORATION 2 6.44% $8,670
    Truity Federal Credit Union 2 7.00% $6,580
    MORIA DEVELOPMENT, INC. 2 7.25% $14,297
    Texana Bank 2 7.13% $13,717
    UNION SQUARE 2 6.25% $7,796
    Ameris Bank 2 6.00% $9,636
    BMO Harris Bank 2 6.06% $8,465
    SeaTrust Mortgage Company 2 6.94% $10,199
    US Employees O.C. Federal Credit Union 2 6.75% $8,438
    MEMBER FIRST MORTGAGE, LLC 2 5.69% $8,146
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 2 6.63% $10,065
    NORWICH COMMERCIAL GROUP, INC. 2 7.25% $8,406
    PREMIER MORTGAGE RESOURCES, L.L.C. 2 6.69% $8,957
    BECKAM FUNDING CORP. 2 7.06% $9,901
    Sunflower Bank 2 7.19% $13,694
    TOTAL MORTGAGE SERVICES, LLC 2 7.38% $9,390
    CALCON MUTUAL MORTGAGE LLC 2 6.56% $17,377
    DELMAR FINANCIAL COMPANY 1 6.50% $8,741
    Lakeview Community Capital, LLC 1 5.75% $9,923
    HOMEOWNERS FINANCIAL GROUP USA, LLC 1 6.88% $9,897
    SOUTHWEST STAGE FUNDING, LLC 1 6.38% $4,654
    Affiliated Bank 1 7.00% $9,751
    First Financial Bank 1 6.25% $10,818
    SUMMIT FUNDING, INC. 1 7.63% $11,913
    Assurance Financial Group, L.L.C. 1 6.75% $13,347
    Armed Forces Bank 1 6.63% $4,105
    1ST SIGNATURE LENDING, LLC 1 7.00% $17,354
    Eagle Bank and Trust Company 1 6.63% $5,816
    GREENSTATE CREDIT UNION 1 6.13% $8,411
    The Huntington National Bank 1 6.75% $12,143
    GERSHMAN INVESTMENT CORP. 1 5.75% $12,351
    TIB The Independent Bankersbank 1 7.13% $6,726
    Willamette Valley Bank 1 5.75% $12,798
    EUSTIS AND AMERICAN MORTGAGE COMPANY 1 6.25% $8,441
    Truist 1 6.25% $8,677
    Farmers Bank & Trust Company 1 6.99% $6,890
    Fifth Third Bank 1 6.63% $5,676
    UNITED MORTGAGE CORP 1 6.25% $17,566
    First Bank 1 5.63% $15,796
    First United Bank 1 6.99% $12,023
    First State Bank of St. Charles, Missouri 1 6.00% $8,799
    First National Bank 1 6.63% $4,874
    First Financial Bank 1 5.63% $11,755
    ON Q FINANCIAL, INC. 1 7.25% $8,702
    ONY GLO, INC. 1 6.75% $17,006
    Centennial Bank 1 6.63% $5,576
    Orion Federal Credit Union 1 5.63% $8,891
    Chambers Bank 1 6.13% $11,790
    NETWORK CAPITAL FUNDING CORPORATION 1 6.13% $18,281
    Pinnacle Bank 1 6.13% $8,268
    NBH Bank 1 6.00% $7,504
    City Bank 1 6.63% $10,228
    ALAMEDA MORTGAGE CORPORATION 1 6.50% $11,470
    Commerce Bank 1 7.63% $7,826
    PREMIA MORTGAGE, LLC 1 6.13% $11,516
    MORTGAGEONE, INC. 1 6.75% $14,900
    MORTGAGE FINANCIAL SERVICES, LLC 1 7.13% $4,441
    RANLIFE, INC. 1 5.88% $16,872
    Midwest BankCentre 1 6.13% $6,861
    Regions Bank 1 6.75% $11,789
    COUNTRYPLACE MORTGAGE, LTD. 1 5.75% $11,639
    Meridian Bank Corporation 1 5.63% $8,866
    Merchants Bank of Indiana 1 5.50% $11,573
    Sabine State Bank and Trust Company 1 5.63% $13,312
    MEMBER ADVANTAGE MORTGAGE, LLC 1 6.13% $9,633
    Magnolia Bank 1 6.63% $7,296

    The top Oklahoma FHA lender as defined by loan originations is QUICKEN LOANS, LLC, with 836 FHA loans originated. Their average total fees are $10,784, which is $1,112 higher than the next largest lender, First United Bank and Trust Company.

    The lowest fee Oklahoma FHA lenders (with over 10 loans originated) are INTERLINC MORTGAGE SERVICES, LLC ($5,420), Mortgage Research Center, LLC ($5,492), MID AMERICA MORTGAGE, INC. ($5,621), HOMEBRIDGE FINANCIAL SERVICES, INC. ($5,749) and F & M Bank ($6,053).

    The lowest rate Oklahoma FHA lenders (with over 10 loans originated) are EAGLE HOME MORTGAGE, LLC (4.38%), DHI MORTGAGE COMPANY, LTD. (5.12%), LOANPAL, LLC (5.80%), CWM PARTNERS, L.P. (6.00%) and American Bank of Oklahoma (6.02%).

    Oklahoma FHA Loan Limits

    Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
    NON-METRO ADAIR 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO ALFALFA 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO ATOKA 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO BEAVER 2022 $420,680 $538,650 $651,050 $809,150
    ELK CITY, OK BECKHAM 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO BLAINE 2022 $420,680 $538,650 $651,050 $809,150
    DURANT, OK BRYAN 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO CADDO 2022 $420,680 $538,650 $651,050 $809,150
    OKLAHOMA CITY, OK CANADIAN 2022 $420,680 $538,650 $651,050 $809,150
    ARDMORE, OK CARTER 2022 $420,680 $538,650 $651,050 $809,150
    TAHLEQUAH, OK CHEROKEE 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO CHOCTAW 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO CIMARRON 2022 $420,680 $538,650 $651,050 $809,150
    OKLAHOMA CITY, OK CLEVELAND 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO COAL 2022 $420,680 $538,650 $651,050 $809,150
    LAWTON, OK COMANCHE 2022 $420,680 $538,650 $651,050 $809,150
    LAWTON, OK COTTON 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO CRAIG 2022 $420,680 $538,650 $651,050 $809,150
    TULSA, OK CREEK 2022 $420,680 $538,650 $651,050 $809,150
    WEATHERFORD, OK CUSTER 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO DELAWARE 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO DEWEY 2022 $420,680 $538,650 $651,050 $809,150
    WOODWARD, OK ELLIS 2022 $420,680 $538,650 $651,050 $809,150
    ENID, OK GARFIELD 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO GARVIN 2022 $420,680 $538,650 $651,050 $809,150
    OKLAHOMA CITY, OK GRADY 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO GRANT 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO GREER 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO HARMON 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO HARPER 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO HASKELL 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO HUGHES 2022 $420,680 $538,650 $651,050 $809,150
    ALTUS, OK JACKSON 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO JEFFERSON 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO JOHNSTON 2022 $420,680 $538,650 $651,050 $809,150
    PONCA CITY, OK KAY 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO KINGFISHER 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO KIOWA 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO LATIMER 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO LE FLORE 2022 $420,680 $538,650 $651,050 $809,150
    OKLAHOMA CITY, OK LINCOLN 2022 $420,680 $538,650 $651,050 $809,150
    OKLAHOMA CITY, OK LOGAN 2022 $420,680 $538,650 $651,050 $809,150
    ARDMORE, OK LOVE 2022 $420,680 $538,650 $651,050 $809,150
    OKLAHOMA CITY, OK MCCLAIN 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO MCCURTAIN 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO MCINTOSH 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO MAJOR 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO MARSHALL 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO MAYES 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO MURRAY 2022 $420,680 $538,650 $651,050 $809,150
    MUSKOGEE, OK MUSKOGEE 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO NOBLE 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO NOWATA 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO OKFUSKEE 2022 $420,680 $538,650 $651,050 $809,150
    OKLAHOMA CITY, OK OKLAHOMA 2022 $420,680 $538,650 $651,050 $809,150
    TULSA, OK OKMULGEE 2022 $420,680 $538,650 $651,050 $809,150
    TULSA, OK OSAGE 2022 $420,680 $538,650 $651,050 $809,150
    MIAMI, OK OTTAWA 2022 $420,680 $538,650 $651,050 $809,150
    TULSA, OK PAWNEE 2022 $420,680 $538,650 $651,050 $809,150
    STILLWATER, OK PAYNE 2022 $420,680 $538,650 $651,050 $809,150
    MCALESTER, OK PITTSBURG 2022 $420,680 $538,650 $651,050 $809,150
    ADA, OK PONTOTOC 2022 $420,680 $538,650 $651,050 $809,150
    SHAWNEE, OK POTTAWATOMIE 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO PUSHMATAHA 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO ROGER MILLS 2022 $420,680 $538,650 $651,050 $809,150
    TULSA, OK ROGERS 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO SEMINOLE 2022 $420,680 $538,650 $651,050 $809,150
    FORT SMITH, AR-OK SEQUOYAH 2022 $420,680 $538,650 $651,050 $809,150
    DUNCAN, OK STEPHENS 2022 $420,680 $538,650 $651,050 $809,150
    GUYMON, OK TEXAS 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO TILLMAN 2022 $420,680 $538,650 $651,050 $809,150
    TULSA, OK TULSA 2022 $420,680 $538,650 $651,050 $809,150
    TULSA, OK WAGONER 2022 $420,680 $538,650 $651,050 $809,150
    BARTLESVILLE, OK WASHINGTON 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO WASHITA 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO WOODS 2022 $420,680 $538,650 $651,050 $809,150
    WOODWARD, OK WOODWARD 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO ADAIR 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO ALFALFA 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO ATOKA 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO BEAVER 2023 $472,030 $604,400 $730,525 $907,900
    ELK CITY, OK BECKHAM 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO BLAINE 2023 $472,030 $604,400 $730,525 $907,900
    DURANT, OK BRYAN 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO CADDO 2023 $472,030 $604,400 $730,525 $907,900
    OKLAHOMA CITY, OK CANADIAN 2023 $472,030 $604,400 $730,525 $907,900
    ARDMORE, OK CARTER 2023 $472,030 $604,400 $730,525 $907,900
    TAHLEQUAH, OK CHEROKEE 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO CHOCTAW 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO CIMARRON 2023 $472,030 $604,400 $730,525 $907,900
    OKLAHOMA CITY, OK CLEVELAND 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO COAL 2023 $472,030 $604,400 $730,525 $907,900
    LAWTON, OK COMANCHE 2023 $472,030 $604,400 $730,525 $907,900
    LAWTON, OK COTTON 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO CRAIG 2023 $472,030 $604,400 $730,525 $907,900
    TULSA, OK CREEK 2023 $472,030 $604,400 $730,525 $907,900
    WEATHERFORD, OK CUSTER 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO DELAWARE 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO DEWEY 2023 $472,030 $604,400 $730,525 $907,900
    WOODWARD, OK ELLIS 2023 $472,030 $604,400 $730,525 $907,900
    ENID, OK GARFIELD 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO GARVIN 2023 $472,030 $604,400 $730,525 $907,900
    OKLAHOMA CITY, OK GRADY 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO GRANT 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO GREER 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO HARMON 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO HARPER 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO HASKELL 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO HUGHES 2023 $472,030 $604,400 $730,525 $907,900
    ALTUS, OK JACKSON 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO JEFFERSON 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO JOHNSTON 2023 $472,030 $604,400 $730,525 $907,900
    PONCA CITY, OK KAY 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO KINGFISHER 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO KIOWA 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO LATIMER 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO LE FLORE 2023 $472,030 $604,400 $730,525 $907,900
    OKLAHOMA CITY, OK LINCOLN 2023 $472,030 $604,400 $730,525 $907,900
    OKLAHOMA CITY, OK LOGAN 2023 $472,030 $604,400 $730,525 $907,900
    ARDMORE, OK LOVE 2023 $472,030 $604,400 $730,525 $907,900
    OKLAHOMA CITY, OK MCCLAIN 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO MCCURTAIN 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO MCINTOSH 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO MAJOR 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO MARSHALL 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO MAYES 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO MURRAY 2023 $472,030 $604,400 $730,525 $907,900
    MUSKOGEE, OK MUSKOGEE 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO NOBLE 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO NOWATA 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO OKFUSKEE 2023 $472,030 $604,400 $730,525 $907,900
    OKLAHOMA CITY, OK OKLAHOMA 2023 $472,030 $604,400 $730,525 $907,900
    TULSA, OK OKMULGEE 2023 $472,030 $604,400 $730,525 $907,900
    TULSA, OK OSAGE 2023 $472,030 $604,400 $730,525 $907,900
    MIAMI, OK OTTAWA 2023 $472,030 $604,400 $730,525 $907,900
    TULSA, OK PAWNEE 2023 $472,030 $604,400 $730,525 $907,900
    STILLWATER, OK PAYNE 2023 $472,030 $604,400 $730,525 $907,900
    MCALESTER, OK PITTSBURG 2023 $472,030 $604,400 $730,525 $907,900
    ADA, OK PONTOTOC 2023 $472,030 $604,400 $730,525 $907,900
    SHAWNEE, OK POTTAWATOMIE 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO PUSHMATAHA 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO ROGER MILLS 2023 $472,030 $604,400 $730,525 $907,900
    TULSA, OK ROGERS 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO SEMINOLE 2023 $472,030 $604,400 $730,525 $907,900
    FORT SMITH, AR-OK SEQUOYAH 2023 $472,030 $604,400 $730,525 $907,900
    DUNCAN, OK STEPHENS 2023 $472,030 $604,400 $730,525 $907,900
    GUYMON, OK TEXAS 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO TILLMAN 2023 $472,030 $604,400 $730,525 $907,900
    TULSA, OK TULSA 2023 $472,030 $604,400 $730,525 $907,900
    TULSA, OK WAGONER 2023 $472,030 $604,400 $730,525 $907,900
    BARTLESVILLE, OK WASHINGTON 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO WASHITA 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO WOODS 2023 $472,030 $604,400 $730,525 $907,900
    WOODWARD, OK WOODWARD 2023 $472,030 $604,400 $730,525 $907,900

    FHA Loan Requirements

  • Borrowers must have a steady employment history or worked for the same employer for the past two years.
  • Borrowers must have a valid Social Security number, lawful residency in the U.S. and be of legal age to sign a mortgage in your state.
  • Borrowers must pay a minimum down payment of 3.5 percent. The money may be gifted by a family member. (Traditional mortgages do not permit gifted down payments)
  • New FHA loans are only available for primary residence occupancy.
  • Borrowers must have a property appraisal from a FHA-approved appraiser.
  • Borrowers’ front-end ratio (mortgage payment plus HOA fees, property taxes, mortgage insurance, homeowners insurance) needs to be less than 31 percent of their gross income, typically. You may be able to get approved with as high a percentage as 40 percent. Your lender will be required to provide justification as to why they believe the mortgage presents an acceptable risk. The lender must include any compensating factors used for loan approval.
  • Borrowers’ debt to income ratio (mortgage plus all your monthly debt, i.e., credit card payment, car payment, student loans, etc.) needs to be less than 43 percent of their gross income, typically. You may be able to get approved with as high a percentage as 50 percent.
  • Borrowers must have a minimum credit score of 580 for maximum financing with a minimum down payment of 3.5 percent.
  • Borrowers must have a minimum credit score of 500-579 for maximum LTV of 90 percent with a minimum down payment of 10 percent.
  • Bborrowers must be two years out of bankruptcy and have re-established good credit. Exceptions can be made.
  • Typically borrowers must be three years out of foreclosure and have re-established good credit.
  • The purchased property must meet certain minimum standards at appraisal. If the home you are purchasing does not meet these standards and a seller will not agree to the required repairs, your only option is to pay for the required repairs at closing (to be held in escrow until the repairs are complete).