Financing
FHA Loans for Kyle, Buda & Hays County Buyers
FHA loans are insured by the Federal Housing Administration, part of HUD. Because the government insures the lender, FHA guidelines are often more flexible on credit history and down payment than many conventional loans, which is why first-time buyers frequently consider them.
Rates, payments and program details live on Dustin's lending site, where he can give you exact numbers for your situation.
FHA details at Mortgage Loans Co.How FHA loans work
- Insured by the Federal Housing Administration
- Flexible credit guidelines compared with many conventional loans
- Mortgage insurance premiums, both upfront and annual, are part of the cost
- The home must be your primary residence and meet FHA property standards
- Loan limits are set by county
Is FHA right for you?
FHA isn't automatically the cheapest option. Depending on your credit and savings, a conventional loan or an assistance program may cost less over time. Dustin compares them side by side for your situation.
This page is general information, not a loan offer or commitment to lend. Loan programs, eligibility and costs vary and change; all loans are subject to credit approval. Talk with a licensed loan officer about your situation. Dustin Allan, NMLS #2044646, Mortgage Loans Co.
Frequently asked questions
›Is FHA only for first-time buyers?
No. FHA loans are available to repeat buyers too, as long as the home will be your primary residence and you meet the guidelines.
›Do FHA loans have mortgage insurance?
Yes. FHA loans include an upfront and an annual mortgage insurance premium. A loan officer can explain how that compares with other options.
›Can I use down payment assistance with an FHA loan?
Many Texas assistance programs can be paired with FHA loans. Eligibility depends on the program.