Find FHA Loans in Frisco TX

FHA mortgage loans are issued by federally qualified lenders certified by the U.S. Federal Housing Authority, a division of the U.S. Department of Housing and Urban Development.

• 580 credit score requires a minimum of 3.5% down
• 560 credit score requires a minimum of 10% down
• Insured by the Federal Government
• 3.5% down payment
• Down payment can be a gift of funds from a family member
• DPA assistance is available
• Non-Occupying Co Borrower is allowed
• Max loan amount is limited from county to county
• Primary residence only
• Not only for first time homebuyers
• No Credit Score options
• Mortgage Insurance required even putting 20% or more down
• Home being purchased less than 90 days not allowed, seller must own home greater than 90 days before execution
• Combined debt ratios allowed 56.99

If you are looking to find FHA loan options in Texas, Oklahoma and Nevada please give us a call at 214-872-2188.