Houston Mortgage Program
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Benefits of Loan Programs
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Houston FHA Loan
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- Competitive Houston mortgage rates.
- FHA qualification is more flexible than conventional loan qualification.
- Low down payment of 3.5%*.
- FHA credit requirements are lower.
- FHA 203k Rehabilitation loans enable homeowners to add upgrades and improvements.
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VA Loan Houston
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- 100% financing with no down payment.
- Mortgage amount can be higher than $417,000 with down payment.
- Closing costs can be lower than other Houston mortgage options.
- No mortgage insurance premiums for VA loans.
- VA gives you the right to prepay without penalty.
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USDA Loan Houston
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- Finance up to 102% loan-to-value.*
- USDA has lower FICO credit score requirements.
- There is no monthly mortgage insurance.
- Roll closings costs and prepaid into the USDA loan (maximum is the appraised value of the property).
- USDA has fixed rate financing available.
- There is no loan limit with USDA loans.
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