Texas FHA Loans

Providing TX loan solutions for first time homebuyers and others needing mortgages with easier qualification. We even offer Down Payment Assistance to pay the required FHA 3% down payment!

Smart Home Buyers DFW.Com
Purchase Mortgages for Texas Homebuyers and
Refinancing Loans for TX Homeowners

Paul Marshall (214) 891-9626 Local Direct Line
1 (888) 265-7830 Toll-Free             
Telemarketing Sales Calls Not Accepted

"How can Texas FHA Loans help a TX first time homebuyer like me?"

I'm often asked this question. TX FHA Loans are insured by Federal Government U. S. Department of HUD (Housing and Urban Development).

An FHA mortgage can help home buyers the following ways:

  • easier credit qualifications--no set minimum credit score required
  • usually no requirement to pay off past collections or charge-offs
  • low to no down payment required (no down payment possible using Down Payment Assistance)
  • only ONE payment to make each month--taxes and insurance are included--and no second lien monthly payment required
  • lower interest rates than alternative "non-conforming" loans
  • move-in costs can be only $500 to $1,600 using down payment assistance

Since the Federal Government subsidizes these loans, you pay less!

For Texas FHA Loans pre-qualification, please click here: Texas FHA Loans


"What about this Down Payment Assistance (DPA) you mentioned?"

The one negative for some TX buyers is FHA requires a 3% "minimum investment". One way to solve this problem is to get someone else to pay that for you.

But Texas sellers are NOT allowed to pay homebuyers' down payments. And homebuyers aren't allowed to borrow the money.

However, there are nationally recognized charities that are allowed to pay your down payment for you.

Using Texas FHA Loans with DPA requires an experienced Loan Officer who understands how the programs work. Rest assured, I have done many Texas FHA Loans w/ DPA and I can help your Realtor understand the program and properly structure your offer, so the sellers will be much more likely to accept it.

Structuring the offer correctly and understanding these programs is critical to getting your move-in costs between $500 and $1,600!


Please feel free to browse the pages on my website which provide you "insider" knowledge, to help you save when buying a home and getting a home loan.

For more information about FHA, click on: FHA Loans

To reach me by email, please click: here.

To reach me by phone, please call (direct line): Paul Marshall
(214) 891-9626 or Toll-Free at 1 (888) 265-7830.
Telemarketer Sales Calls Not Accepted.

For TX home loan pre-qualification, please click here: Texas FHA Loans

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No duplication permitted except by express written permission.
local area: Dallas TX 75225

Disclaimer:
Move-in costs quoted do not included moving expenses, utility deposits, etc. They included the costs paid at closing specifically for buying and financing homes and vary by the home you choose. Loans are subject to lender approval.

Savings quoted based on the actual home you choose and the loan program you decide is best for you. Some of the savings include: buying at less than the appraised price or original asking price, any seller-paid buyer closing costs, and the use of a non-PMI loan for qualified buyers.


Texas State Licensing Details

           

Texas FHA Loans