Truity Credit Union

Current Promotions and News Ads
Main Content Area

FHA Loans

Insured by the Federal Housing Administration (FHA)

Home Loans > FHA Loan

An FHA Loan could open a door to home ownership

Now, get your fixed-rate FHA loan with the Truity lenders you trust. Home loans insured by the Federal Housing Administration (FHA) can make it easier to qualify for home ownership.

FHA loans are great for first-time buyers and those with less-than-perfect credit. They offer:

  • Low down payment; minimum is 3.5%, which may be gifted
  • Low closing costs; seller can pay up to 6% of closing costs
  • Competitive rates with flexible terms
  • Local processing and closing; serviced by a credit union partner
  • Financing is available for properties up to 20 acres; must be owner-occupied

If you are unsure about which type of mortgage you need, contact one of our mortgage lenders before applying.

Sounds great! What's the catch?

Because an FHA loan is less stringent on credit standards and loan-to-value than a conventional loan, there are other factors to consider. The Mortgage Insurance is paid up front, but it can be rolled into your loan. Your monthly payment will be determined by the amount you borrow (which can include the upfront Mortgage Insurance) and the length of the loan.

Truity also offers VA loans. Ask your mortgage expert for details.

FHA Loan

Ideal for first-time homebuyers seeking a low down payment

Contact Us

Lower Down Payment
Insured by the Federal Housing Administration (FHA)

 800.897.6991

Find a Mortgage Expert

Questions about home equity loans? A mortgage expert can talk to you about your situation and help you find a solution that works best for you.

Meet the Team

Disclosures

Truity Federal Credit Union’s NMLS Institution ID# 619450

1. Variable rate loan. Rates are based on a primary residence purchase for members with excellent credit in Bartlesville, OK. Your rate will be based on credit history and loan type. Rates are accurate as of the date listed and are subject to change anytime. This information was not compiled in accordance with advertising regulations and is not intended for public dissemination.

  • We do not allow you to lock your interest rate online. A Loan Officer will contact you to lock your rate after you submit your application.
  • The actual interest rate offered and Annual Percentage Rate (APR) is based on your credit history, product, loan term and the percentage of remaining equity in your home, and may be different than the rate displayed here. The rates shown on this page are for borrowers with excellent credit and are subject to change without notice.
  • You should always consult a tax advisor about deductibility.
  • Adequate homeowner's insurance coverage is a requirement for this loan.
Equal Housing LenderWe do business in accordance with the federal Fair Housing Law and the Equal Credit Opportunity Act.