Home Financing Options for Buyers in Central Texas
Compare home loan programs, find first-time buyer incentives, and get expert help financing your Central Texas home.
Home Loan Options for First-Time Buyers
Compare loan requirements and benefits side-by-side to find the right mortgage for your new home.
Feature
Conventional Loan
FHA Loan
VA Loan
Loan Requirements
Down Payment
3–20%
3.5%
0%
Minimum Credit Score
620+
580+
620+
Mortgage Insurance
Required if <20% down
Required (MIP)
Additional Loan Features
Flexible Credit Requirements
Zero Down Payment Option
No Private Mortgage Insurance (PMI)
“No two buyers are the same. That’s why it’s important to explore all financing programs available — from low down payment options to flexible credit score guidelines. Let’s find the path that fits you best.”
Which Home Financing Option Is Right for You?
Get to know the features of each loan program to find the best fit for your needs
Best for strong credit and savings
3–20% down payment
No upfront mortgage insurance
Wide property eligibility
Low 3.5% down payment
Credit scores as low as 580
Upfront & monthly mortgage insurance
Popular for first-time buyers
0% down payment for veterans/military
No PMI (private mortgage insurance)
Competitive interest rates
Flexible credit guidelines
Which Home Financing Option Fits Your Journey?
→ Explore low down payment loans, flexible credit options, and special programs designed to match your lifestyle, goals, and homeownership dreams.
Buying Your First Home Journey
Unlock the dream of homeownership faster with FHA and VA programs offering low down payments and reduced upfront costs.
Exclusive Benefits for VA Buyers
Zero down payment, no PMI, and competitive rates available to veterans, active service members, and qualifying spouses.
Maximize Savings with Conventional Loans
Higher credit scores and larger down payments unlock the best mortgage rates, broader property choices, and lower costs.
Explore Loan Options
Compare FHA, VA, and conventional mortgage programs to find the one that fits your lifestyle and budget.
Understand Your Eligibility
See how your credit score, income, and financial goals impact your ability to qualify for different loan options.
Get Prequalified Quickly
Start the home financing process with confidence by getting expert help tailored to your goals and financial situation.
Let’s Find the Right Loan for You
Take the first step toward your new home with expert help and fast approvals.
FAQs
Find answers to common home loan questions for first-time and repeat buyers.
How much do I need for a down payment?
Most loan programs offer down payments as low as 0% to 3.5%. Conventional loans typically require between 3% and 20%, depending on credit and loan terms.
What credit score is needed to qualify for a mortgage?
Most lenders look for a minimum credit score between 580 and 620. Higher scores help you qualify for better rates and lower monthly payments.
Can I buy a home with little or no money down?
Yes. VA loans offer zero-down options for eligible veterans, and FHA loans allow down payments as low as 3.5%.
What are closing costs, and how much should I expect?
Closing costs typically range from 2% to 5% of your loan amount. Some loan programs allow you to roll these costs into your financing or negotiate for seller-paid costs.
How do I get prequalified for a home loan?
Start by providing basic financial information online. Our team will review your details and help you find the right loan programs based on your needs.
Still Have Questions About Financing Your Home?
Reach out to our experts to get personalized help for your home financing journey.
