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ENES

McLennan County, Texas

FHA loans in Waco, TX

3.5% down FHA purchase and refinance financing for Waco homebuyers and homeowners, with McLennan County loan limits and local tax and insurance estimates built in.

FHA limit (1 unit)

$541,287

Median price (est.)

$250,000

Property tax (monthly est.)

$431

Insurance (monthly est.)

$250

What FHA buyers should know about Waco

Waco's revitalized central neighborhoods and surrounding new builds both fall well within the McLennan County FHA limit.

Two numbers drive a Waco payment as much as your interest rate: property taxes, which run roughly 2.07% of value in McLennan County, and homeowners insurance, which averages about $3,000 a year locally. We quote both from the actual property rather than a statewide average, so your pre-approval holds up when you go under contract.

FHA financing in Waco covers purchases, rate-and-term refinances, Streamline refinances for existing FHA borrowers, cash-out up to 80% of value, and 203(k) renovation loans for homes that need work before they'll pass an FHA appraisal.

McLennan County FHA loan limits

  • 1 unit: $541,287
  • 2 units: $693,010
  • 3 units: $837,696
  • 4 units: $1,041,166

McLennan County uses the Texas standard FHA limit. Compare every county.

Nearby cities in McLennan County

HewittRobinsonBellmeadWoodwayLacy-LakeviewMcGregorWest

This site is not affiliated with or endorsed by HUD, the FHA, or any government agency. Rate and payment examples are estimates for illustration only. Rates are subject to change and this is not a commitment to lend. Actual APR depends on credit, occupancy, loan amount, and property details.

Get an FHA quote for Waco

Send your details and a licensed loan officer will price your scenario with local taxes and insurance.

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Down payment$11,375
Base loan amount$313,625
Upfront MIP (1.75%, financed)$5,488
Principal & interest$1,965
Monthly MIP$144
Property taxes (est.)$561
Homeowners insurance (est.)$250
Estimated monthly payment$2,919

These are estimates. Want your exact numbers?

A licensed loan officer will price your scenario with today's rates, real taxes, and an insurance quote.

Get your exact rate

Rate and payment examples are estimates for illustration only. Rates are subject to change and this is not a commitment to lend. Actual APR depends on credit, occupancy, loan amount, and property details. MIP shown at 0.55% annually and 1.75% upfront; your factors may differ. This site is not affiliated with or endorsed by HUD, the FHA, or any government agency.