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Federal Housing Administration (FHA)-backed loans are a very poupular loan because they allow a small down payment and attractive interest rates and attract alot of first time homebuyers. But the amount of mortgage insurance is usually costly as compared with VA Home Loans, USDA loans and FHA mortgage insurance premiums (MIP).
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Dallas Home Mortgage, Dallas House Mortgages. No Cost request additional information Get Prequalified for an FHA Mortgage Fast! Before talking to a Realtor about showing you houses, you need to complete your own loan application.. fha loans have a low 3.5% down payment requirement and that.
An FHA loan is a mortgage that is insured by the Federal Housing Administration (FHA). Prime Choice Lending is providing FHA Mortgage for the first home.
An FHA loan is a mortgage that is insured by the Federal Housing Administration and is issued by a lender that is an approved FHA-lender. An FHA loan in Dallas is a great option for those who are first time home buyers and those who are low to moderate income borrowers. An FHA loan borrower can borrow up to 96.5% of the value of the home, meaning that only 3.5% of the value is required as a down payment (which is much lower in comparison to other lender’s requirements).
Dallas area: The 13 counties that make up the Dallas-Forth Worth-Arlington metro area have a 2019 FHA loan limit of $395,600, for a single-family property. This cap applies to Collin, Dallas, Denton, Ellis, Hood, Hunt, Johnson, Kaufman, Parker, Rockwall, Somervell, Tarrant and Wise counties.
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Local Loan Limits – Dallas County, IA Loan Limit Summary. Limits for FHA Loans in Dallas County, Iowa range from $314,827 for single family homes to $605,525 for four-plex. Any apartment with more than 4 units is considered commercial and does not quality for an FHA loan.
Dream to Own, Own the Dream! Welcome to GinnLending.Com, we are a mortgage company based in Dallas, Texas.We specialize in First Time Home Buyers, FHA, VA, Jumbo, Home Ready, Home Possible, Non Qualifying Mortgage Programs, New Construction and USDA loans in the state of Texas.