McAllen, TX FHA Home Loans
FHA home loans continue to be a popular mortgage choice for McAllen, TX home buyers and those looking to refinance. In fact the FHA has been helping people own homes in cities like McAllen since 1934. Simplified 2024 guidelines include easier qualifications with low down payments. Even better McAllen consumers can keep their down payment in the bank with the help of the McAllen, TX FHA home buyer grant. Credit scores will play a major factor in determining if and what FHA program will be available to you. McAllen FHA quotes are always free, get started by calling (888)416-0920. FHA experts are standing by near McAllen, TX and ready to help. Connect with a licensed home FHA specialist, ask questions and find out if you qualify.
- 560 FICO – 10% Down
- 580 FICO – 3.5% Down – Call to Check Grant Eligibility
- 620 FICO – Eligible for Forgivable Grant for Down Payment or 3.5% Down.
- Gift funds can be used on FHA transactions if needed.
Mortgage Brokers offer Lower FHA Rates and Costs
When it comes to McAllen, TX FHA loans, Mortgage Brokers have more options. Regardless of what a consumer thinks, McAllen, TX Mortgage Brokers offer a wholesale rate and lower costs. Going directly to the bank or a mortgage lender is not a better option. If you are in doubt, it is always a good idea to get a couple of quotes and compare them. If you still don’t understand the difference between McAllen FHA wholesale and retail mortgage rates call (888)416-0920. A McAllen, TX Mortgage Broker will be able to offer you more programs. Banks and Lenders have set mortgage guidelines including set credit score limits. Mortgage Brokers in McAllen, TX can work with all types of credit scores.
Working with Top Rated FHA Specialists
The McAllen FHA Mortgage team is celebrating its 26th year in business. Our experience allows for consumer mortgage confidence especially with our FHA wholesale rate option. We navigate consumers through the mortgage process, explain options and find what choice works best for you. We specialize in more than just refinancing mortgage loans. Check out consumer first time homebuyer programs, USDA home loans, VA home loans and our customer reviews.
Get on the Path to Refinancing. We got your Back!
FHA Home Loan in McAllen, TX
Get Pre-Qualified Now
FHA Benefits in McAllen, TX
- Lower Rates
- Lower Payments
- Fixed Payments
- Easier Qualifications
- FHA Grants for Down Payment
- Gift Funds Allowed
Find your FHA Mortgage near McAllen, TX (888)416-0920.
McAllen is the largest city in Hidalgo County, Texas, United States, and the 22nd-most populous city in Texas. It is located at the southern tip of the state in the Rio Grande Valley, on the Mexico–United States border. The city limits extend south to the Rio Grande, across from the Mexican city of Reynosa. McAllen is about 70 mi (110 km) west of the Gulf of Mexico. As of the 2020 census, McAllen’s population was 142,210.[4] It is the fifth-most populous metropolitan area (McAllen–Edinburg–Mission) in the state of Texas, and the binational Reynosa–McAllen metropolitan area counts a population of more than 1.5 million.[5]
From its settlement in 1904, the area around McAllen was largely rural and agricultural in character, but the latter half of the 20th century had steady growth, which has continued in the 21st century in the metropolitan area. The introduction of the maquiladora economy and the North American Free Trade Association led to an increase in cross-border trading with Mexico.[6]