FHA Loans - small down payment, low PMI, maximum loan depends on your county, insured by the Federal Housing Administration. Check FHA Loan Limits in Texas.
Conventional Loans - low down payment, great interest rates, maximum loan is $417,000
VA Loans - NO down payment, maximum loan is $417,000, great mortgage rates, VA funding fee, guaranteed by the Veterans Administration
USDA Loans -NO down payment, No PMI, No asset requirements, maximum loan depends on county, guaranteed by the United States Department of Agriculture. Check USDA Income Eligibility or you can check here as well. USDA Property Eligibility can be checked also.
Jumbo Loans - loan amount exceeds $417,000, down payments are required, and documentation varies with each jumbo loan program
Whether you’re trying to determine if you qualify or if you’re interested in finding out what kind of documentation you’ll need to ultimately get your loan, our site can provide you the information you’re seeking. Additionally we’re more than happy to take your phone calls at 832-212-6969.
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