Buy your Texas home with as little as 3.5% down and more flexible credit requirements. Perfect for first-time buyers and those rebuilding their credit.
Check Eligibility
Government-backed FHA loans are designed to open doors for buyers who might find conventional loans out of reach. Here's why Texans love them.
Buy a home with significantly less cash out of pocket compared to standard conventional programs.
Qualify with scores as low as 580 (and sometimes lower with higher down payments).
100% of your down payment can come from a financial gift from a family member or approved source.
Get back into homeownership much faster after major derogatory credit events like bankruptcy or foreclosure.
Understanding what it takes to qualify for an FHA loan in Texas.
FHA allows for higher Debt-to-Income ratios than conventional loans, often up to 50% or more with compensating factors like cash reserves.
You must intend to move into the home within 60 days of closing and live there as your primary residence for at least one full year.
Homes must pass a strict FHA appraisal ensuring the property is structurally sound, safe, and free of hazardous conditions.
Because of the low down payment, FHA requires two types of mortgage insurance: an upfront funding fee (UFMIP) and an annual premium.
Use our tools to calculate your exact buying power and FHA monthly payments.
Estimate your PITI (Principal, Interest, Taxes, and Insurance) including FHA mortgage insurance premiums.
Find out exactly how much home you can afford in just a few minutes. Doesn't impact your credit score to start.
Should you buy discount points to lower your rate? See break-even months and lifetime savings.
See how extra payments shave years off your loan and save tens of thousands in interest.
Estimate your annual Texas property tax with homestead exemption math built in.
Everything you need to know about navigating the FHA process. Can't find an answer? Give us a call.