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First-time home buyer programs in Laredo, TX

Quick answer

First-time buyers in Laredo, TX can use 3%-down conventional loans (up to the $832,750 Webb County conforming limit), 3.5%-down FHA, or VA and USDA where eligible, plus 1 verified city, county or statewide assistance program. On the $182,400 median home, 3% down is about $5,472 and the estimated payment is $1,751/month at 7.18%.

By Purchase Mortgage Loan Editorial Team Checked against official sources per our editorial standardsData last updated

Median household income: $63,264; value-to-income ratio 2.88. Laredo ranks 190 by home value and 11 by population among 267 places in our TX dataset.

What does a first-time buyer loan cost on a typical Laredo home?

ItemLaredo
Median home value (Census ACS)$182,400
Texas median home value$260,400
Down payment (3%)$5,472
Loan amount$176,928
Estimated monthly payment (PITI + MI)$1,751
Income needed (28% / 36%)$76,000 / $59,000
Webb County 2026 conforming limit (1 unit)$832,750
Max purchase price at the limit$858,000

Rate assumption: 7.18% (Freddie Mac PMMS 30-year fixed average, week of November 5, 2026). Change it in the payment calculator.

Payment includes Texas's 1.58% effective property tax rate (Census ACS), $2,864/yr homeowners insurance (NAIC state average) and an estimated 0.5% PMI.

What is the 2026 conforming loan limit in Laredo?

Laredo is in Webb County. Conventional 3%-down loans go up to the $832,750 conforming limit (price ≈ $858,000); FHA loans go up to $541,287.

The Laredo median home value of $182,400 is 30% below the Texas median, and within what the county limit supports.

Which down payment assistance programs can Laredo buyers use?

First-time buyer loans in nearby cities

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First-time buyer loan FAQs for Laredo

On the $182,400 median: 3% conventional ≈ $5,472, 3.5% FHA ≈ $6,384, and 0% for eligible VA or USDA buyers. Conventional loans above $832,750 in Webb County become jumbo loans.

At the $182,400 median value (below the Texas median of $260,400), the estimated payment of $1,751/month at 7.18% needs about $76,000 a year under the 28% housing guideline, or $59,000 if your total debts stay under 36%.

1 city-level, 0 county-level and 0 statewide programs are verified for this city (1 total). Check each official administrator's eligibility rules and available funds.

Sources

Data last updated October 23, 2026.

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Figures on this page are estimates for educational purposes only and are not a loan offer or commitment to lend. Rates, loan limits, fees and assistance programs change frequently and vary by lender, location and borrower profile. Confirm current terms with a licensed loan officer.