What are FHA loan limits in Winston-Salem?

2025 FHA loan limits in Forsyth County range from $498,257 in standard areas up to $1,149,825 in high-cost counties. The exact limit depends on the property's location and number of units.

What credit score do I need for an FHA loan in Winston-Salem, NC?

FHA loans accept credit scores as low as 580 with 3.5% down, or 500-579 with 10% down. Most Winston-Salem, NC lenders prefer 620+ for the best terms.

How much is FHA mortgage insurance in Winston-Salem?

FHA loans carry an upfront mortgage insurance premium (UFMIP) of 1.75% of the loan amount, plus annual MIP of about 0.55% paid monthly. On a $250,000 home that's roughly $111 per month.

Can I use an FHA loan for a condo in Winston-Salem?

Yes, but the condo project must be on the FHA-approved list. Many Winston-Salem condo developments are approved — ask your lender to verify before making an offer.

What is the minimum down payment on an FHA loan?

3.5% with a credit score of 580+. On a median-priced Winston-Salem home of $250,000, that's $8,750.

Home Loan Types FHA Loan North CarolinaWinston-Salem

Winston-Salem, NC FHA Loan Calculator

Pre-loaded with Winston-Salem's illustrative property tax assumption (0.84%) and median home price ($250,000). Get a personalized rate quote in 2 minutes — free.

WINSTON-SALEM, NC

Home price

Down payment

Loan program

Example rate

ZIP code

Your payment$1,556/month

Principal & interest

$1,264.14

Property tax

$175.00

Homeowners insurance

$116.67

Loan amount$200,000

See your real rate for this payment

Your estimate: $1,556/month on a $250,000 home with $50,000 down. Request a free quote in about 2 minutes.

Ready to see your actual rate in Winston-Salem?

Request a personalized quote. No credit check is needed to use this estimator.

Winston-Salem market snapshot

Median Home Price

$250,000

Property Tax Rate

0.84%

Avg Monthly Payment

$1,556

Typical Down Payment

$50,000

FHA Loans in Winston-Salem

The median home price in Winston-Salem is $250,000, with an average property tax rate of 0.84% in Forsyth County. A typical 30-year fixed fha loan on a median-priced home in Winston-Salem with 20% down would result in an estimated monthly payment of $1,556, including principal, interest, and property taxes.

FHA loans are government-insured mortgages designed for first-time and lower-credit buyers. They require as little as 3.5% down and accept credit scores starting at 580.

Use the calculator above with Winston-Salem's illustrative defaults to model your own scenario, then tap Get My Free Rate Quote to compare offers from licensed lenders serving North Carolina.