Andrews FHA Loans

An FHA loan is backed by the Federal Housing Administration, which is the Department of Housing and Urban Development’s program for insuring home loans. One great aspect of FHA mortgages in Andrews, TX is that it’s not just first-time homebuyers who can get them, but any buyer. FHA mortgages have benefits for both the borrower and the lender.

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Higher Loan Limits – While other loans such as FHA, VA, and conventional loans have strict loan size limitations, there are no such loan limits placed on USDA loans. This means that if you qualify, you might be able to get a nicer home with a USDA loan than a FHA other other type of loan.

Guild Mortgage is one of the top 10 independent mortgage lenders in the nation, with knowledgeable residential loan officers in your N Charleston community. Visit your local Guild mortgage branch at 4921 Centre Pointe Dr. SC N Charleston ~zip~ to find custom mortgage product to suit your needs.

FHA loan rules permit such help, but if you have never applied for an FHA loan before, there are some things you need to know before getting started. FHA itself does not have a down payment assistance program, even for first-time home buyers.

Jumbo Home Loan New Home Construction Loan Adjustable-Rate Mortgage

The table below shows the current (2018) FHA loan limits for all 254 counties in Texas. The maximum mortgage amount for most of the state is $294,515, for a single-family home purchase. Higher limits are allowed in areas with higher home prices, like the Austin and Dallas metro areas.

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FHA.com Reviews. FHA.com is a one-stop resource for homebuyers who want to make the best decisions when it comes to their mortgage. With our detailed, mobile-friendly site, individuals can access information about different FHA products, the latest loan limits, and numerous other resources to make their homebuying experience easier.