Question 1

Is Union City eligible for USDA loans?

Accepted Answer

Parts of Alameda County may qualify, but Union City is largely suburban. Run the address through the USDA eligibility map before counting on this program.

Question 2

What credit score do I need for FHA in Union City?

Accepted Answer

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

Question 3

Does USDA have loan limits?

Accepted Answer

USDA doesn't publish hard loan limits the way FHA does. Your qualifying amount is based on income and debt ratios instead.

Question 4

Which loan has lower monthly costs?

Accepted Answer

It depends on the rate and loan size. USDA's annual fee can be lower than FHA's monthly MIP — but only if you actually qualify. Rates vary by borrower profile and market conditions.

Question 5

Can I use USDA on a condo in Union City?

Accepted Answer

USDA is primarily for single-family homes. FHA is the stronger option if you're buying a condo in this area.

Question 6

Do both loans require mortgage insurance?

Accepted Answer

Yes. FHA charges an upfront premium plus monthly MIP. USDA charges an upfront guarantee fee plus an annual fee.

FHA vs USDA Loans in Union City, CA