South Padre Island, TX FHA Home Loans
FHA home loans continue to be a popular mortgage choice for South Padre Island, TX home buyers and those looking to refinance. In fact the FHA has been helping people own homes in cities like South Padre Island since 1934. Simplified 2024 guidelines include easier qualifications with low down payments. Even better South Padre Island consumers can keep their down payment in the bank with the help of the South Padre Island, TX FHA home buyer grant. Credit scores will play a major factor in determining if and what FHA program will be available to you. South Padre Island FHA quotes are always free, get started by calling (888)416-0920. FHA experts are standing by near South Padre Island, 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 South Padre Island, TX FHA loans, Mortgage Brokers have more options. Regardless of what a consumer thinks, South Padre Island, 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 South Padre Island FHA wholesale and retail mortgage rates call (888)416-0920. A South Padre Island, 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 South Padre Island, TX can work with all types of credit scores.
Working with Top Rated FHA Specialists
The South Padre Island 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 South Padre Island, TX
Get Pre-Qualified Now
FHA Benefits in South Padre Island, TX
- Lower Rates
- Lower Payments
- Fixed Payments
- Easier Qualifications
- FHA Grants for Down Payment
- Gift Funds Allowed
Find your FHA Mortgage near South Padre Island, TX (888)416-0920.
South Padre Island is a barrier island in the U.S. state of Texas. It is located in Cameron County and in Willacy County. South Padre Island was formed when the creation of the Port Mansfield Channel split Padre Island in two. The resort city of South Padre Island, a popular vacation destination, is located on the island.
Before the arrival of European settlers in North America, the island was inhabited by native tribes. Western settlement is considered to have been started by Padre Jose Nicolas Balli, who set up a cattle ranch early in the 19th century. He and his family were driven out by the Mexican–American War and were unable to return because of the American Civil War.