FHA Mortgage Loans
FHA loans are government-backed mortgages insured by the Federal Housing Administration, designed to help homebuyers with limited down payment funds or credit challenges. These loans feature more flexible qualifying guidelines than conventional loans, making homeownership accessible to a wider range of borrowers.
Why Choose FHA Loans?
Discover the advantages that make FHA loans a great choice for Texas homebuyers.
Low down payment requirement of just 3.5% with qualifying credit score
More flexible credit score requirements (as low as 580)
Higher debt-to-income ratios may be allowed
Competitive interest rates
Available for 1-4 unit properties
Can be used by first-time and repeat homebuyers
Sellers can contribute up to 6% toward closing costs
Eligibility Requirements
See if you qualify for a FHA loan with these requirements.
Credit Requirements
- Minimum credit score of 580 for 3.5% down payment
- Scores between 500-579 require 10% down payment
- Bankruptcy discharge must be at least 2 years ago (exceptions possible)
- Foreclosure must be at least 3 years ago (exceptions possible)
Income & Debt
- Stable employment history
- Verifiable income sufficient to cover mortgage payments
- Debt-to-income ratio typically up to 43% (can go higher with compensating factors)
- Must be for a primary residence (no investment properties)
Property Requirements
- Property must meet FHA minimum property standards
- Home must be appraised by an FHA-approved appraiser
- Property must be your primary residence
- Can be a single-family home, condo (in FHA-approved project), manufactured home, or 2-4 unit property
Your Path to Homeownership
We'll guide you through every step of the FHA loan process.
Pre-Qualification
Speak with one of our loan officers to determine if an FHA loan is right for you and how much you might qualify for.
Pre-Approval
Submit your financial documents for review to receive a pre-approval letter that strengthens your position when making offers.
Find a Home
Work with a real estate agent to find a home that meets FHA property standards and falls within your budget.
FHA Appraisal
Once under contract, an FHA-approved appraiser will assess the property to ensure it meets minimum property standards and determine its value.
Underwriting
Our underwriting team reviews your application, income documentation, credit, and the property appraisal.
Closing
After final approval, you'll attend closing to sign documents, pay closing costs, and receive the keys to your new home.
Pre-Qualification
Speak with one of our loan officers to determine if an FHA loan is right for you and how much you might qualify for.
Pre-Approval
Submit your financial documents for review to receive a pre-approval letter that strengthens your position when making offers.
Find a Home
Work with a real estate agent to find a home that meets FHA property standards and falls within your budget.
FHA Appraisal
Once under contract, an FHA-approved appraiser will assess the property to ensure it meets minimum property standards and determine its value.
Underwriting
Our underwriting team reviews your application, income documentation, credit, and the property appraisal.
Closing
After final approval, you'll attend closing to sign documents, pay closing costs, and receive the keys to your new home.
Frequently Asked Questions
Get answers to common questions about FHA loans.
FHA loans require two types of mortgage insurance: an upfront premium of 1.75% of the loan amount (which can be financed into the loan) and an annual premium (0.55% to 1.05% of the loan amount) that's paid monthly. Unlike conventional loans, FHA mortgage insurance is typically required for the life of the loan if your down payment is less than 10%.
Ready to Get Started?
Our FHA loan specialists are here to help you every step of the way. Start your pre-approval online.
Real clients. Real closings.
What borrowers say about working with Dustin. Every review is five stars.
★★★★★
“As a first-time home buyer, Dustin was super helpful and very good at explaining the answers to all of my questions. He took my calls and texts at any time of day. Even on closing day he showed up and made me feel calm and assured as we signed.”
Michael R.
Purchase · closed April 2026 · Client review
★★★★★
“We had an excellent experience during our refinance. The entire process was smooth, efficient, and incredibly fast. Everything was explained clearly and communication was great. Dustin and his team truly made refinancing stress-free.”
Jacqueline C.
Refinance · closed January 2026 · Client review
★★★★★
“We want to thank Dustin for going out of his way at all times. Every question we had, he answered and broke down so we had a better understanding. Thank you for all your hard work and for helping us reach our goal of becoming homeowners.”
Vicente R.
Purchase · closed March 2026 · Client review
★★★★★
“Dustin was great to work with — very available, attentive, knowledgeable, professional, and he got things wrapped up in a timely manner. I would highly recommend Dustin for your loan needs. Thanks, Dustin!”
Dawn G.
Purchase · closed February 2026 · Client review
Buying a home in Kyle, Buda or Hays County?
Dustin is also a real estate agent with The Allan Home Group, the Compass team he runs with Kristin Allan. Their local guides cover neighborhoods, costs and the buying process: