Question 1

What is the FHA loan limit in Calaveras County?

Accepted Answer

FHA sets county-level loan limits that adjust periodically. Check current Calaveras County limits with us before you start shopping — limits affect your max purchase price.

Question 2

Can I use FHA to buy a fixer-upper in Angels Camp?

Accepted Answer

Yes. The FHA 203k rehab loan covers purchase plus renovation in one loan. It's built for older Gold Country homes that need work.

Question 3

Does FHA work on properties with acreage?

Accepted Answer

FHA allows rural lots, but the home must be the primary value on the parcel. Large acreage deals get scrutinized more closely by appraisers.

Question 4

How long does FHA approval take in Angels Camp?

Accepted Answer

Most FHA purchases close in 30-45 days. Appraisal turnaround in rural counties can add a few days — plan accordingly.

Question 5

Will I pay mortgage insurance forever on an FHA loan?

Accepted Answer

Put less than 10% down and yes — MIP lasts the life of the loan. Put 10% or more down and MIP drops after 11 years.

Question 6

Can a seller pay my closing costs on an FHA loan?

Accepted Answer

FHA allows sellers to contribute up to 6% of the purchase price toward closing costs. That's a meaningful offset in a negotiation.

FHA Loans in Angels Camp, CA