Home LoansFHA Loans

2019 FHA Loan Limits in Oklahoma

The 2019 FHA loan limit for single-family homes in Oklahoma is $314,827 in all counties.

Buying a home is an important milestone, and deciding to go for it is a huge first step. Now that you’ve decided to buy a home in Oklahoma, you’ve likely given some thought to what type of mortgage would work best for you. There are lots of options, and you’re going to want to check what assistance is available in Oklahoma for first-time homebuyers.

Oklahoma has a mix of rural and urban centers, and its capital, Oklahoma City, has experienced population growth of more than 10 percent since 2010, according to U.S. Census Bureau estimates.

FHA loans are an attractive option for Oklahomans — nearly one- third of home loans originating in Oklahoma in 2015 (the latest data available) were FHA loans, totaling $2 billion. In 2018, 1.26 percent of all FHA loans were made to Oklahomans, up from 1.13 percent the year prior.

FHA loans have low credit score and down payment requirements, and they often allow a higher debt-to-income ratio than conventional loans, making this type of loan attractive to buyers who aren’t able to qualify for conventional mortgages.

Oklahoma FHA loan limits by county

FHA Loan Limits in Oklahoma
County Name One-Family Two-Family Three-Family Four-Family Median Sale Price
Adair $314,827 $403,125 $487,250 $605,525 $52,000
Alfalfa $314,827 $403,125 $487,250 $605,525 $72,000
Atoka $314,827 $403,125 $487,250 $605,525 $51,000
Beaver $314,827 $403,125 $487,250 $605,525 $79,000
Beckham $314,827 $403,125 $487,250 $605,525 $96,000
Blaine $314,827 $403,125 $487,250 $605,525 $48,000
Bryan $314,827 $403,125 $487,250 $605,525 $93,000
Caddo $314,827 $403,125 $487,250 $605,525 $84,000
Canadian $314,827 $403,125 $487,250 $605,525 $161,000
Carter $314,827 $403,125 $487,250 $605,525 $104,000
Cherokee $314,827 $403,125 $487,250 $605,525 $75,000
Choctaw $314,827 $403,125 $487,250 $605,525 $47,000
Cimarron $314,827 $403,125 $487,250 $605,525 $28,000
Cleveland $314,827 $403,125 $487,250 $605,525 $161,000
Coal $314,827 $403,125 $487,250 $605,525 $40,000
Comanche $314,827 $403,125 $487,250 $605,525 $111,000
Cotton $314,827 $403,125 $487,250 $605,525 $111,000
Craig $314,827 $403,125 $487,250 $605,525 $97,000
Creek $314,827 $403,125 $487,250 $605,525 $157,000
Custer $314,827 $403,125 $487,250 $605,525 $111,000
Delaware $314,827 $403,125 $487,250 $605,525 $95,000
Dewey $314,827 $403,125 $487,250 $605,525 $91,000
Ellis $314,827 $403,125 $487,250 $605,525 $68,000
Garfield $314,827 $403,125 $487,250 $605,525 $104,000
Garvin $314,827 $403,125 $487,250 $605,525 $55,000
Grady $314,827 $403,125 $487,250 $605,525 $161,000
Grant $314,827 $403,125 $487,250 $605,525 $50,000
Greer $314,827 $403,125 $487,250 $605,525 $78,000
Harmon $314,827 $403,125 $487,250 $605,525 $45,000
Harper $314,827 $403,125 $487,250 $605,525 $78,000
Haskell $314,827 $403,125 $487,250 $605,525 $89,000
Hughes $314,827 $403,125 $487,250 $605,525 $73,000
Jackson $314,827 $403,125 $487,250 $605,525 $103,000
Jefferson $314,827 $403,125 $487,250 $605,525 $30,000
Johnston $314,827 $403,125 $487,250 $605,525 $46,000
Kay $314,827 $403,125 $487,250 $605,525 $70,000
Kingfisher $314,827 $403,125 $487,250 $605,525 $137,000
Kiowa $314,827 $403,125 $487,250 $605,525 $35,000
Latimer $314,827 $403,125 $487,250 $605,525 $34,000
Le Flore $314,827 $403,125 $487,250 $605,525 $120,000
Lincoln $314,827 $403,125 $487,250 $605,525 $161,000
Logan $314,827 $403,125 $487,250 $605,525 $161,000
Love $314,827 $403,125 $487,250 $605,525 $58,000
Major $314,827 $403,125 $487,250 $605,525 $69,000
Marshall $314,827 $403,125 $487,250 $605,525 $67,000
Mayes $314,827 $403,125 $487,250 $605,525 $83,000
Mcclain $314,827 $403,125 $487,250 $605,525 $161,000
Mccurtain $314,827 $403,125 $487,250 $605,525 $71,000
Mcintosh $314,827 $403,125 $487,250 $605,525 $46,000
Murray $314,827 $403,125 $487,250 $605,525 $56,000
Muskogee $314,827 $403,125 $487,250 $605,525 $84,000
Noble $314,827 $403,125 $487,250 $605,525 $117,000
Nowata $314,827 $403,125 $487,250 $605,525 $62,000
Okfuskee $314,827 $403,125 $487,250 $605,525 $41,000
Oklahoma $314,827 $403,125 $487,250 $605,525 $161,000
Okmulgee $314,827 $403,125 $487,250 $605,525 $157,000
Osage $314,827 $403,125 $487,250 $605,525 $157,000
Ottawa $314,827 $403,125 $487,250 $605,525 $63,000
Pawnee $314,827 $403,125 $487,250 $605,525 $157,000
Payne $314,827 $403,125 $487,250 $605,525 $140,000
Pittsburg $314,827 $403,125 $487,250 $605,525 $70,000
Pontotoc $314,827 $403,125 $487,250 $605,525 $96,000
Pottawatomie $314,827 $403,125 $487,250 $605,525 $90,000
Pushmataha $314,827 $403,125 $487,250 $605,525 $76,000
Roger Mills $314,827 $403,125 $487,250 $605,525 $63,000
Rogers $314,827 $403,125 $487,250 $605,525 $157,000
Seminole $314,827 $403,125 $487,250 $605,525 $55,000
Sequoyah $314,827 $403,125 $487,250 $605,525 $120,000
Stephens $314,827 $403,125 $487,250 $605,525 $75,000
Texas $314,827 $403,125 $487,250 $605,525 $95,000
Tillman $314,827 $403,125 $487,250 $605,525 $32,000
Tulsa $314,827 $403,125 $487,250 $605,525 $157,000
Wagoner $314,827 $403,125 $487,250 $605,525 $157,000
Washington $314,827 $403,125 $487,250 $605,525 $110,000
Washita $314,827 $403,125 $487,250 $605,525 $46,000
Woods $314,827 $403,125 $487,250 $605,525 $98,000
Woodward $314,827 $403,125 $487,250 $605,525 $99,000

How are FHA loan limits determined?

The U.S. Department of Housing and Urban Development (HUD) sets limits each year for FHA loans, using a baseline (called “conforming”) limit that Fannie Mae and Freddie Mac use to decide how large of a loan they will take on.

The FHA loans use that number to find a floor and a ceiling — the floor is the highest loan the FHA will provide in low-cost areas, and the ceiling is the highest loan the FHA will provide in high-cost areas.

In 2019, the conforming limit is set at $484,350. The FHA’s floor, which is its limit in low-cost areas — calculated at 65 percent of the conforming limit — is $314,827 for 2019. The FHA’s limit for high-cost areas — 150 percent of the conforming limit — is $726,525 for 2019.

Here are the 2019 standard FHA limits for all property types:

  • One-unit: $314,827
  • Two-unit: $403,125
  • Three-unit: $487,250
  • Four-unit: $605,525

Here are the 2019 standard FHA limits for high-cost areas:

  • One-unit: $726,525
  • Two-unit: $930,300
  • Three-unit: $1,124,475
  • Four-unit: $1,397,400

Do you qualify for an FHA loan in Oklahoma?

If the mortgage you need meets the FHA loan limit requirements for your county in Oklahoma, then an FHA loan might be right for you. To see if you qualify for the loan in other ways — including your credit score, income and amount you have saved for a down payment — visit LendingTree’s FHA hub.

 

Compare FHA Loans for Free