FHA Loan Programs

Red Oak Mortgage is proud to offer FHA Loan Programs. These loans generally offer more relaxed underwriting criteria and include benefits such as:

  • Fixed-rate terms of 30, 25, 20, 15, and 10 years

  • Adjustable-rate loans with fixed periods of 5 and 3 years

  • Purchase and refinance primary residences

  • Include renovation funds into a purchase or refinance via the 203k program

  • More relaxed underwriting criteria for credit and income

  • Purchase a home with as little as 3.5% down, all from a gift!

With our extensive experience with FHA loans, you can be confident that the ROM Team will work to ensure a smooth loan process from application to closing.