FHA Loans
Overview
An FHA loan is a great choice for first-time homebuyers and anyone seeking low down payment financing in Dallas-Fort Worth, Texas. Backed by the Federal Housing Administration, FHA loans feature flexible credit requirements and low down payment options, making it easier to purchase a home in the Dallas-Fort Worth-Fort Worth area.
Key Features
✔ Low Down Payment – As little as 3.5% down on a Dallas-Fort Worth home.
✔ Flexible Credit – Credit scores as low as 580 may qualify.
✔ Competitive Interest Rates – Attractive pricing for Dallas-Fort Worth Texas homebuyers.
✔ Assumable Loan – Potential selling advantage in a hot Dallas-Fort Worth market.
Eligibility & Guidelines
✔ Must occupy the property as a primary residence in Texas.
✔ Debt-to-income ratio typically up to 43%.
✔ Requires FHA-approved appraisal and property standards.
✔ Upfront and monthly mortgage insurance premiums required.
Ideal For
✔ First-time buyers in Dallas-Fort Worth or surrounding DFW communities.
✔ Borrowers with limited credit history looking for a Dallas-Fort Worth mortgage.
✔ Buyers who want a low down payment without strict income limits.
Why Supreme Lending Dallas-Fort Worth
Our Dallas-Fort Worth mortgage specialists simplify the FHA process and compare FHA with other low-down-payment options so you can choose confidently.
Contact Supreme Lending Dallas-Fort Worth to explore all your loan and down payment assistance options in Dallas-Fort Worth, Texas and start your path to homeownership today. >>>