FHA Loans
Our government-backed FHA mortgage program offers a flexible alternative to conventional loans. Ask us about our down payment assistance program.
Product Overview
Now offering Texas-sized FHA loans
Did you know that FHA loan limits are going up in 2025? You can get all the advantages of an FHA loan with limits between $524,225 to $571,550 in many of the counties we serve! Talk to our team to find out the FHA loan limit in your area or to go over any other questions you have.
Visit the U.S. Department of Housing and Urban Development website to find the FHA mortgage limits in your county.
What are FHA loan requirements?
For one, FHA loans often require a smaller down payment than conventional loans, beginning at 3.5% (compared to 5% for conventional loans). Plus, FHA loans offer more credit-based flexibility to borrowers. Amplify will consider applications with credit scores as low as 600.
Common FHA Loan Questions
Are there mortgage limits for FHA loans?
Are there restrictions on FHA property types?
Are FHA loans less attractive to sellers?
Are there credit requirements for an FHA loan?
We asked our lending team to answer some of the most common questions they receive about FHA loans. Don’t see your question here? Contact our team at [email protected].
Ready to become a homeowner in 2024?
We know you probably still have questions about the FHA loan process in Texas. Use the link below to contact our loan officers directly and a member of the team will reach out to within 1-2 business days.
APR is the Annual Percentage Rate based on excellent credit (740+) based on actual APRs from October 2024. The actual rate APR may vary based on specific credit and loan factors. All loans subject to credit and underwriting approval.
The following example assumes the purpose of the loan is to purchase a property, with a loan amount of $680,000, an estimated property value of $850,000, and a down payment of $170,000. The property is located in zip code 78732. The property is an existing single-family home and will be used as a primary residence. The rate lock period is 45 days, and the assumed credit score is 740.
A mortgage of $680,000 for 30 years at 7.3% APR requires a P&I payment of $4,638.80 per month. Taxes and insurance for escrow payment are not included; your actual payment obligation will be higher. Assumes closing costs paid out of pocket and tax and insurance escrow account created.
