As A First Time Home Buyer:

Did You Know you Can Get a FHA Loan For As Little As 3.5% Down?

An FHA loan’s minimum down payment is 3.5% for borrowers with a credit score of 580 or higher. However, if your credit score is between 500 and 579, the minimum required down payment is 10%. The down payment is the upfront portion of the home’s price that you pay to the seller, and for FHA loans, this money can come from your own funds, gift funds, or down payment assistance programs. 

FHA loan limits are set annually by the U.S. Department of Housing and Urban Development (HUD) and vary by county based on local median home prices. Both Dallas County and Collin County fall within the Dallas-Fort Worth-Arlington Metropolitan Statistical Area (MSA), a high-cost area, so they share the same FHA loan limits for 2025. These limits apply to the maximum loan amount for properties with 1–4 units.

| County | 1-Unit | 2-Unit | 3-Unit | 4-Unit |
|—————–|——–|——–|——–|——–|
| **Dallas County** | $563,500 | $721,800 | $873,050 | $1,085,400 |
| **Collin County** | $563,500 | $721,800 | $873,050 | $1,085,400 |

These figures represent the maximum FHA-insured loan amounts. Actual borrowing power depends on factors like your credit score, down payment, and debt-to-income ratio. For official verification or to search other counties, use HUD’s FHA Mortgage Limits tool.

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