FHA Loans

Through the Federal Housing Administration (FHA), you have the ability to purchase a home with a lower down payment and reduced closing costs. Even with less than perfect credit, an FHA loan may bring you one step closer to opening the door to your new home.

Program Highlights:

  • Low down payment – 3.5% of the sale price
  • Closing costs can be funded by a gift or grant
  • Flexible credit requirements
  • No cash reserves
  • Non-occupant co-borrowers allowed


FHA loans are an attractive option, especially for first-time homeowners in Fort Worth, as well as all of Texas, because it is insured by the Federal Housing Administration (FHA). Primarily, the federal government insures loans for FHA-approved lenders in order to reduce their risk of loss if a borrower defaults on their mortgage payments. Typically the borrower can be approved with 3.5% down vs 20% that is required on other loan programs.

What is a FHA Loan?

A FHA Loan is provided by the Federal Housing Administration and has a lower down payment.

Benefits of FHA Loans

There are many benefits to FHA Loans beyond just a lower down payment.

FHA Loan Eligibility

FHA Loans have more flexible requirements than a traditional conventional mortgage.

FHA Loan Limits

Different counties have different limits on how much you can borrow for an FHA Loan.

Get Pre-Approved for a FHA Loan

If you are a first time home buyer, or simply seeking a lower down payment in Fort Worth, or anywhere in Texas, contact Edward Stubbs - American Nationwide Mortgage Company at (817) 655-3644 for more information, or fill out the form on this page.