FHA Loans

What Are FHA Loans?

FHA loans are insured by the Federal Housing Administration. These loans are designed to help first-time homebuyers and experienced homeowners alike by providing them with a low down payment option.

The Federal Housing Administration

The Federal Housing Administration (FHA) is a government entity that offers mortgage insurance on loans made by FHA-approved lenders. The FHA provides insurance on mortgages for many different types of homes including single-family and multifamily homes. The FHA is completely funded by its own self-generated income, meaning there is no cost to taxpayers for its operation and services.

How FHA Loans Benefit You

FHA insured loans often give potential homeowners the option of making a lower down payment than they would need to make if using a traditional, non-FHA insured mortgage. FHA loan benefits include:

• Down payments as low as 3.5%
• Loan is guaranteed by the government
• You don’t need a perfect credit score to apply

Get Pre-Qualified for an FHA Loan

Now is the time to take advantage of the many benefits FHA loans offer potential homeowners. Plus, it’s now easier than ever to qualify! Our home loan professionals will guide you through the FHA loan process with expert knowledge, competitive rates, and first-class service. 

CBTx offers competitive rates, flexible options, and knowledgeable loan officers ready to help you!  Let’s start working towards your dream home today!