Covering approximately 343 mi.² and with a population at 1.2 million, Dallas is the ninth largest city and part of the fourth largest metropolitan area in the USA.
Dallas became really important because of the historical importance it had back in the day when it was a center for oil and cotton industries, and its relative position along numerous railroad lines…and of course, who can forget…
One of the coolest things about Dallas is that it has an ultra modern and sophisticated feel that attracts people from all over the world, making it the number one place that people visit in Texas year in and year out..
Home to DFW International Airport, the world’s fourth busiest airport, it also has Dallas Love Field Airport that is just a mere 10 minutes from downtown. This makes it really easy for anyone that is visiting, as well as anyone that is traveling outside of the Dallas area.
With some of the best private universities here in the DFW area such as SMU, you’ll see that people from around the globe send their kids here to further their education – and we all know that wherever a great educational system exists, the housing market is the same or even better.
In 2014, the Dallas area had one of the biggest home price increases, making it a record.
While this is really great for home owners that were looking to sell their homes, this made people take notice of Dallas’s housing market’s strength. On average, if you were to put your house on the market for sale, and it was priced right, it was sold before you could even wipe the mud off of the “For Sale” sign.
Team Up with the Best FHA Lender in Dallas
FHA loans have helped millions of Dallas residents realize the dream of home-ownership which is why we excel at the FHA loan program. With only a 3.5% down payment needed, this opens the doors for millions of people that are looking to buy a home, but don’t want to go broke in the process.
Not only that, but the rates and terms of these types of loans is what makes so many people flock to them. With other types of mortgage loans like conventional financing, you may need to put down as much as 20%, whereas with an FHA loan, the down payment is extremely manageable.
If you are looking to learn more about how FHA loans work or want the best FHA lender in Dallas, please don’t hesitate to get in touch with us so we can help or check FHA eligibility in a few seconds. It’s quick, easy and most importantly, free!