Question 1

Is Pleasanton eligible for USDA loans?

Accepted Answer

Parts of the Pleasanton area may qualify, but much of the city does not. Check the USDA property eligibility map before assuming either way.

Question 2

What credit score do I need for FHA in Pleasanton?

Accepted Answer

You need at least 580 for 3.5% down. Scores between 500 and 579 require 10% down.

Question 3

Do USDA loans have income limits in Alameda County?

Accepted Answer

Yes. Alameda County limits are set higher than most California counties, but Pleasanton household incomes can still exceed them.

Question 4

Which loan has lower monthly mortgage insurance?

Accepted Answer

USDA's annual guarantee fee is typically lower than FHA's monthly MIP. Run both scenarios with your broker before deciding.

Question 5

Can I use a USDA loan to buy a condo in Pleasanton?

Accepted Answer

USDA loans generally don't cover condos. FHA is the better path for condo purchases here.

Question 6

Can I get either loan with a co-borrower?

Accepted Answer

Yes, both programs allow co-borrowers. USDA will count all household income toward its limit, so add co-borrowers carefully.

FHA vs USDA Loans in Pleasanton, CA