FHA Loans in San Antonio Texas
Service Area
FHA Loans in San Antonio, TX
Close on time, Credit Scores as low as 500
Apply Now

A Comprehensive Guide to San Antonio FHA Loans​

Many hopeful homeowners have had their hopes shattered by mortgage companies who would not grant them conventional mortgages because of their financial and credit status. Thankfully, the government was able to come up with a solution that makes homeownership more manageable, especially for first-time homebuyers — the FHA home loan.

San Antonio FHA Loan Limit

"BEXAR COUNTY"
FHA

$557,750

One-Family

FHA

$714,000

Two-Family

FHA

$863,100

Three-Family

FHA

$1,072,600

Four-Family

Apply Now

FHA Loan Program

FHA home loans are mortgages insured by the Federal Housing Administration or FHA – a government agency that sets the standard for home construction and financing in the United States.

When a mortgage is guaranteed or backed by the FHA, it means that the FHA will step in and cover the financial losses of the lender, in part or in full, in the event of a foreclosure. Because of this additional protection provided by the government, FHA mortgages usually have lower interest rates and qualification requirements than traditional home loans.

To be eligible for an FHA loan, a borrower must meet several requirements, including a credit score of 580 to qualify for the 3.5% down payment rate. If your credit score is somewhere between 500 – 579, you may still get approved for an FHA loan, but you’ll have to put up at least 10% for the down payment.

Different Types of FHA Loans

FHA loans generally come in fixed-rate and adjustable-rate options. Fixed-rate FHA loans maintain the same interest rate for the life of the loan, while adjustable-rate FHA mortgages have fluctuating interest rates. Aside from these two, however, the FHA program has a selection of home loan products more specific to the buyers’ needs. They are as follows:
  • FHA 203(b) Loans – This is the most common type of loan insured by the FHA. You can use 203(b) loans to purchase properties between 1-4 units or refinance your home.
  • FHA 203(k) Loans – This FHA loan is also called the Rehabilitation Mortgage. Homebuyers and existing homeowners alike can use the 203(k) to pay for eligible home repairs and improvements.
  • EEM Loans – You can use EEM or Energy Efficient Mortgages to finance home improvements that reduce energy use/consumption in your home.
  • HECMs – Home Equity Conversion Mortgages or reverse mortgages are for homeowners aged 62 and over who wish to use their home’s equity as a means to supplement their income.
  • FHA Streamline Refinance – This option allows borrowers to refinance an existing FHA loan to a lower rate more quickly. The refinancing process requires little financial documentation and rarely involves a credit check.

FHA Loan Limits in San Antonio, TX

The FHA released new limits at the beginning of 2026. The latest FHA loan limits range from $557,750 in low-cost areas to $1,072,600 for a four-family residence in Bexar County.

If you think an FHA loan is the right home option for you, contact our FHA Loan Specialists to begin the application process.

Apply Now
Skip to content