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In this article you will learn about bad credit home loan programs and how to get approved despite having imperfect credit. RATE SEARCH: Get approved for a home loan and check rates. FHA Home Loans. Back in the day, in order to get a mortgage you needed great income and credit, at least a 640 or higher to get approved.
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Redford Texas FHA Loan The maximum Texas fha loan lending limit for a one family (and condominium) residential home is 271,050 in most Texas counties, however, there are 35 Texas counties exceed the FHA limit. Those counties have the highest FHA loan limit at $316,250. The minimum down payment for Texas FHA loans is only 3.5%.
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· I’m Holly Redford, a Community development banking officer in Waco. A little bit about me: I’ve been dedicated to helping people in the Waco and surrounding areas find the right home loan for more than 14 years. If you’re thinking about buying a home or refinancing your existing mortgage, please contact me today.
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