I'm Bond Peter Njoku (NMLS #2670329). Allen is one of the most consistently desirable cities in Collin County — and FHA loans make it accessible for first-time buyers who haven't saved a conventional down payment. With TSAHC assistance, many Allen buyers close with minimal out-of-pocket costs.
Allen consistently ranks among the safest and most livable cities in North Texas, with excellent schools, low crime, and strong property values. Homes typically run $350,000–$480,000 — within FHA's 2026 Collin County limit of $524,225. For first-time buyers without a large down payment, FHA is the most practical path into Allen's housing market.
Collin County's higher income limit (~$119,700 for TSAHC in 2026) means more Allen buyers qualify for grant assistance than buyers in Dallas or Tarrant County. I work with Allen buyers to stack FHA with TSAHC or TDHCA, reducing the out-of-pocket cost to $0–$3,000 in many cases.
| Minimum credit score | 580 (for 3.5% down) |
|---|---|
| Minimum down payment | 3.5% of purchase price |
| 2026 FHA loan limit | $524,225 (Collin County) |
| Typical Allen price range | $350,000–$480,000 |
| Debt-to-income ratio | Up to 57% (case by case) |
| Mortgage insurance | Upfront MIP + annual MIP |
| DPA compatibility | TSAHC, TDHCA |
A 3–5% grant on your loan amount — no repayment, ever. Works with FHA loans across all of Collin County including Allen. No first-time buyer requirement. Income limit ~$119,700 for Collin County in 2026. This is typically the first program I reach for with Allen buyers.
Up to 5% of your loan amount as a deferred second-lien, forgiven at year 3. Pairs with a below-market FHA rate. For first-time buyers and veterans. Income limits apply. A strong option when stacked with an FHA loan for Allen buyers who want the lowest possible monthly payment.
In some cases TSAHC and TDHCA assistance can be layered to cover both your down payment and closing costs. The right combination depends on your income, credit, and whether you're a first-time buyer. I'll identify the best stack for your Allen purchase in the first conversation.
I'm Bond Peter Njoku (NMLS #2670329), a licensed mortgage loan officer serving Allen TX and all of Collin County. I specialize in FHA loans with down payment assistance. Text or call me at 469-545-7180 — I respond fast and give straight answers.
FHA requires a minimum 580 for the 3.5% down option. Scores between 500–579 may still qualify with 10% down. I look at your full profile to find the right program. I'm Bond Peter Njoku (NMLS #2670329). Call or text 469-545-7180.
Yes. Allen buyers in Collin County can stack TSAHC (3–5% grant) and TDHCA (up to 5% deferred) with an FHA loan. The Collin County income limit of ~$119,700 means more buyers qualify here than in Dallas or Tarrant County. I'm Bond Peter Njoku (NMLS #2670329). Call 469-545-7180.
The 2026 FHA loan limit for Collin County (where Allen is located) is $524,225. Allen's typical price range of $350,000–$480,000 falls comfortably within this limit, meaning FHA works for most Allen purchases. I'm Bond Peter Njoku (NMLS #2670329). Text me at 469-545-7180 for exact numbers.
I'm Bond Peter Njoku (NMLS #2670329), your Collin County FHA loan officer. Call, text, or WhatsApp me at 469-545-7180 and I'll run your Allen FHA numbers — including DPA eligibility — for free.
Also serving nearby: Allen · Plano · McKinney · FHA Loans in Plano · FHA Loans in McKinney · FHA Loans in Frisco · FHA Loans Overview · DPA in Allen · VA Loans in Allen