Conventional Loans in Katy, TX
Finance your Katy dream home with as little as 3% down and removable PMI. Perfect for buyers in Cinco Ranch, Seven Meadows, Grand Lakes, and throughout Katy.
Katy master-planned communities with homes for conventional financing
Why Katy Buyers Choose Conventional Loans
Removable PMI
Unlike FHA, your PMI cancels at 20% equity. Great for Katy's appreciating market.
Lower Total Cost
With 700+ credit, conventional often costs less than FHA over the loan life.
Katy New Builds
Conventional loans work great with Katy builders like Taylor Morrison, Perry Homes, and more.
Faster Closing
Conventional loans often close faster than FHA, important in Katy's competitive market.
No Upfront MIP
Save 1.75% upfront cost compared to FHA. That's $7,000+ on a $400K loan.
Investment Ready
Buy now, rent later. Conventional loans allow conversion to rental property.
Calculate Your Katy Payment
See your monthly payment for Katy homes including taxes, insurance, and PMI.
Open CalculatorKaty Conventional Loan FAQs
What is the conforming loan limit in Katy, TX?
The 2026 conforming loan limit in Katy, Texas is $832,750 for single-family homes. This covers most Katy homes in Cinco Ranch, Seven Meadows, and other popular communities.
How much down payment do I need for a Katy conventional loan?
You can buy in Katy with as little as 3% down for first-time buyers (Fannie Mae HomeReady) or 5% down standard. Put 20% down to avoid PMI entirely.
Is conventional or FHA better for buying in Katy?
For Katy buyers with 5%+ down and 700+ credit, conventional often wins due to lower total cost and removable PMI. FHA may be better for lower credit scores (580-699) or minimal down payment.
More Katy Loan Options
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