Finance
A first mortgage in Oklahoma has a lien priority that is generally determined by:
AThe amount of the loan
BThe date and time the mortgage is recorded in the county clerk's records✓ Correct
CThe lender's FDIC membership status
DThe type of property securing the mortgage
Explanation
Mortgage lien priority in Oklahoma is generally determined by the date and time of recording in the county clerk's records: the first mortgage recorded has priority over subsequently recorded mortgages. This is the 'first in time, first in right' principle.
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