Recently HUD increased the maximum loan limit for FHA loans in San Antonio to $332,500 from it’s old limit of $212,000. This is great news as more rigid lending guidelines are knocking many eligible home buyer’s out of the market.  These new loan amounts coupled with their expanded guidelines will open doors for those feeling “shut out”.   Below is are the new FHA loan limits:
San Antonio (Bexar County) -
1 Unit - $332,500
2 Units - $425,650
3 Units - $514,500
4 Units - $639,400
While these limits apply to primary residence only, they do allow for an individual or family to purchase a duplex, tri-plex or four-plex. HUD says that the borrower must occupy one of the units but the other units can be rented out and we are able to count a portion of this rental income to help you qualify to purchase the property.

The application process is very simple. Just log onto www.salenders.com and we can have you pre-approved in less than 24 hours.  You may also qualify for a down payment assistance program that will allow you to move in with little money out of pocket!  Call us at 830-980-8100 for more information. We are San Antonio’s preferred mortgage lender.