Texas FHA loans are mortgages that are insured by Federal Housing Administration (FHA), and a federal agency under the U.S Department of Housing and Urban Development (HUD). FHA is known for being the world’s largest insurer of home mortgages, by insuring millions of properties since the year 1934.
Top FHA loan in San Antonio TX is purposely designed for low or moderate-income borrowers. San Antonio Mortgage offers FHA minimum down payment Texas with lower credit scores. This is the reason why it is more popular for first time home assistance.