FHA 100% Financing
Red Oak Mortgage offers 100% Financing for FHA Purchases through our investor partners to help all of our clients realize the joy of homeownership:
1st Mortgage with a fixed-rate term of 30 years
2nd Mortgage of 3.5% of the purchase price
Only primary residence purchases are eligible
No income caps, and only a 580 minimum credit score
The 2nd Mortgage may be forgiven! Conditions apply.
Reach out to your Red Oak Mortgage Loan Officer today for details on this amazing program!