FHA Loans in San Antonio, TX

San Antonio is among the most affordable large metros in Texas, and that affordability makes it a standout FHA market. With a median sale price near $300,000 and a Bexar County FHA loan limit of $541,287 for 2026, buyers here have substantial headroom — the limit sits well above what most single-family homes cost, so FHA rarely constrains a purchase in San Antonio.

That low price base pairs naturally with FHA’s low down payment. Buyers with a 580 or higher credit score can put down as little as 3.5%, while those with 500–579 need 10% down. Because San Antonio homes cost less in absolute dollars, the 3.5% figure translates into a genuinely small amount of cash to close, and the entire down payment can come from documented gift funds — a meaningful advantage for the many first-time buyers in the area.

San Antonio’s economy is anchored by USAA and a large financial-services sector, the sprawling Joint Base San Antonio military installations, health care through University Health, and manufacturing led by Toyota’s truck plant on the South Side. The heavy military presence means a large veteran and active-duty buyer pool, and while many service members use VA loans, FHA remains a common choice for civilian spouses, first-time buyers, and those rebuilding credit.

New construction is plentiful on the far West Side around Alamo Ranch and on the North Side, where builders regularly price homes within FHA limits. Combined with San Antonio’s comparatively moderate cost of living, FHA financing here keeps monthly payments approachable for working households.