FHA loans are the path to homeownership for millions of buyers who don't need perfect credit or a large down payment. If you're buying in Houston, Katy, or the surrounding suburbs, Tyler will tell you exactly where you stand.
FHA loans are backed by the Federal Housing Administration, which means lenders can offer more flexible qualifying criteria than conventional. That flexibility is the reason FHA has helped more Houston first-time buyers get into homes than any other program.
FHA sets annual loan limits by county. The limits below are for reference — confirm current limits with Tyler as they change annually.
Limits updated annually by HUD. Contact Tyler for current figures.
3.5% down makes homeownership accessible years earlier for many buyers. On a $300K home, that's $10,500 down instead of $60K for conventional at 20%.
Family members can gift the entire down payment and closing costs. Conventional has stricter rules about gift fund sourcing.
FHA works with credit scores that conventional programs won't touch. If you've had bumps in the road, FHA may still be an option.
Single-family homes, 2–4 unit properties (owner-occupied), condos (FHA-approved), and manufactured homes can all qualify under FHA guidelines.
A non-occupying co-borrower (like a parent) can be added to help a buyer qualify — a major advantage for young or first-time buyers.
FHA loans are assumable — meaning a future buyer can take over your rate and terms. This becomes a valuable feature when rates are high.
Tyler will review your credit, income, and savings to tell you exactly what you qualify for — and whether FHA, conventional, or another program is the right fit for your situation.