FHA Loans in Missouri
The FHA loan limit in Missouri is $472,030 for a single-family home. FHA loans require just 3.5% down payment and accept credit scores as low as 580.
Missouri's FHA limits at the baseline comfortably cover both the Kansas City and St. Louis metro housing markets, where affordable home prices make FHA loans an excellent option for first-time buyers. FHA is particularly popular in the inner suburbs of both metros and in mid-Missouri communities like Columbia and Jefferson City. Missouri's older housing stock in St. Louis (many homes date to the early 1900s) can present FHA appraisal challenges related to aged roofs, knob-and-tube wiring, and lead paint.
By BuyAHomeIn Editorial | Updated 2026-03-02 | Sources: HUD, Zillow
FHA Loan Limit
$472,030
Min Down Payment
$16,521
3.5%
Est. Monthly Payment
$3,552
PITI + MIP
Min Credit Score
580
for 3.5% down
Monthly Payment Breakdown at FHA Limit
| Home Price | $472,030 |
| Down Payment (3.5%) | $16,521 |
| Loan Amount | $455,509 |
| Monthly Costs | |
| Principal & Interest (6.5%) | $2,879 |
| FHA Mortgage Insurance (MIP) | $209 |
| Property Tax | $346 |
| Homeowners Insurance | $118 |
| Total Monthly Payment | $3,552 |
* Estimated at 6.5% interest rate, 30-year fixed. MIP at 0.55% annual. Property tax at Missouri's average rate of 0.88%. Includes upfront MIP of 1.75% rolled into loan.
FHA Loan Requirements
Credit Score
580+ for 3.5% down payment. 500-579 requires 10% down.
Down Payment
Minimum 3.5% of purchase price. Can be a gift from family.
Debt-to-Income
Maximum 43% DTI ratio (up to 50% with compensating factors).
Property Requirements
Must be primary residence. FHA appraisal required (stricter than conventional).
Employment
2 years of steady employment history. Self-employed need 2 years of tax returns.
Mortgage Insurance
1.75% upfront MIP + 0.55% annual MIP. Required for life of loan (unless refinanced).
FHA vs Conventional in Missouri
| Feature | FHA | Conventional |
|---|---|---|
| Min Down Payment | 3.5% | 3-5% |
| Min Credit Score | 580 | 620 |
| Mortgage Insurance | Life of loan | Until 20% equity |
| Loan Limit (Missouri) | $472,030 | $766,550+ |
| Best For | Lower credit, small savings | Good credit, 20%+ down |
