What are the benefits of FHA loans in Longview?

FHA loans in Longview offer low down payments (as low as 3.5%), flexible credit requirements, and competitive interest rates, making homeownership accessible for first-time buyers and those with lower credit scores.

How do I qualify for an FHA loan in Longview?

To qualify, you'll need a minimum credit score of 580 (or 500 with a 10% down payment), steady income, and a debt-to-income ratio (DTI) below 43%. The property must also meet FHA appraisal standards.

Are there FHA-approved lenders in Longview?

Yes, Texas FHA works with multiple FHA-approved lenders in Longview who specialize in helping local borrowers secure affordable mortgages.

What is the maximum FHA loan amount in Longview?

For 2025, the FHA loan limit for Longview, Gregg County is $524,225 for a single-family home. Higher limits apply to multi-unit properties.

FHA Loans in Longview, Texas

Longview is a city located in East Texas and a county seat of Gregg County. It is known as the hub of East Texas for outdoor recreation and leisure travel; it is famous for its fine dining and historic downtown. Longview is the home of the Great Texas Baloon Race in June.

The housing market in Longview is somewhat competitive. Longview’s annual appreciation rate is lower than 70% of other cities and towns in Texas. Buying a home in Longview, Texas, becomes easier and more accessible with FHA Loans. Backed by the Federal Housing Administration, FHA loans are specifically designed to help homebuyers with moderate incomes and lower credit scores purchase their dream homes.

Longview FHA Loan Limit

GREGG COUNTY

$541,287

One-Family

$693,050

Two-Family

$837,700

Three-Family

$1,041,125

Four-Family

What is a Longview FHA Home Loan?

A Longview FHA Home Loan is a government-backed mortgage designed to provide homebuyers with a low down payment option and more lenient credit qualifications compared to conventional mortgages. Because the federal government insures these loans, lenders can offer favorable terms, making homeownership achievable for a broader range of buyers.

What are the Eligibility Requirements for an FHA Loan?

Qualifying for an FHA loan in Longview is designed to be achievable for many potential homeowners. To qualify for an FHA loan in Longview, Texas, you’ll typically need to meet the following criteria:

A minimum credit score of 580 for a down payment as low as 3.5%.
A credit score between 500-579 may still qualify but requires a 10% down payment.
Proof of steady employment history over the past two years.
A debt-to-income ratio (DTI) is typically below 43%. However, exceptions may be possible with compensating factors.
The home must be your primary residence and meet FHA property standards.

All FHA loans require mortgage insurance, including an upfront premium and annual payments, which helps protect lenders and keeps interest rates competitive.

What is the Longview FHA Process?

Obtaining an FHA loan in Longview involves several straightforward steps:

Loan Application: Submit a formal application with supporting documents such as employment history, credit information, and income documentation.
Pre-Approval: The lender will review all documents and credit report, then submit it to Underwriting to get pre-approved, determining how much home you can afford.
Home Search: Work with a local realtor who is familiar with the local area to find an FHA-approved property that fits your needs and budget.
Property Appraisal: The property undergoes an FHA appraisal to ensure it meets the FHA minimum property standards and market value.
Closing: Finalize the loan by signing documents and completing the purchase of your new home.

What are the Types of FHA Loans in Longview?

Longview residents have access to several FHA loan programs to meet different housing needs.

FHA 203b Loan: The most common FHA loan used for buying single-family homes, offering low down payments and flexible credit requirements.
FHA 203k Loan: Perfect for buyers looking to purchase and renovate a home within a single loan. This program allows financing for both the property purchase and renovation expenses.
Manufactured Home Loans: FHA Title I and Title II loans are tailored for individuals seeking affordable financing options for manufactured or mobile homes.

FHA Construction Loan: Ideal for those planning to build a new home from scratch, providing financing for land, construction costs, and mortgage in one comprehensive package. FHA Construction-to-Permanent loans are the most utilized construction loan program that combines land and construction into one single loan.

Apply for a Longview FHA Loan

Ready to start your journey toward homeownership in the Longview area? Our team specializes in FHA loans, offering personalized guidance, competitive rates, and a smooth application process. Take the first step by applying today and let us help you secure your new home.

FHA Loans Help Make Home Ownership

Possible For a Wider Range of People.

(281) 801-6965

An FHA Loan Specialist Ready To Help You

Our FHA Loan Specialists are always available to help you and answer any questions. You may contact a dedicated FHA Loan Specialist through our website or by calling us directly. You may also chat with us to get a quick answer to your questions.

We Make The FHA Loan Process Quick & Easy

Lenders often times will steer their clients away from an FHA loan due to their inexperience with the program. FHA Loans are a great source of funding for our clients. We share our knowledge and experience with FHA loans, making it easier for borrowers.

FHA Approved Lender

The Federal Housing Administration requires lenders offering FHA loans to go through an extensive approval process. We are FHA-approved and designated as a “Full Eagle” FHA mortgage lender offering FHA-insured home loans in Texas.