Fha Limits 2024 Texas Homes

Fha Limits 2024 Texas Homes. Fha loan limits vary by a property’s location and number of units the property includes. Every year, the fha reviews these limits and updates them, if needed, based on the changes in market conditions.

Fha loans are designed for low to moderate income. Borrowers must have a credit score of at least 580 to make a minimum 3.5% down payment, and credit scores between 500 and 579 must make a down payment of 10%.