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FHA Loans in Concord
What's the monthly payment on an FHA loan for $750,000 in Concord?
At 5.875% interest on a $750,000 FHA loan, your principal and interest payment is $4,437 per month. Add property taxes, insurance, and mortgage insurance for your total housing payment.
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Concord's median home price is $699,000, with 236 active listings. Homes move in about 24 days at $475 per square foot.
At 5.875% interest, a $750,000 FHA loan carries a $4,437 monthly payment for principal and interest. Rates vary by borrower profile and market conditions.
5.875%
Interest Rate
$4,437
Monthly P&I
580
Min Credit Score
3.5%
Down Payment
02
FHA requires a minimum 580 representative credit score for a primary residence. You'll need a maximum 96.5 percent loan-to-value ratio, which means 3.5 percent down.
Your housing debt-to-income ratio caps at 31 percent for a primary residence. Your total debt-to-income ratio caps at 43 percent for a primary residence.
Local decision guide
Use this guide to connect fha loans eligibility, lender expectations, and local market factors before comparing payment options in Concord.
Concord's median home price is $699,000, with 236 active listings. Homes move in about 24 days at $475 per square foot.
At 5.875% interest, a $750,000 FHA loan carries a $4,437 monthly payment for principal and interest. Rates vary by borrower profile and market conditions.
FHA requires a minimum 580 representative credit score for a primary residence. You'll need a maximum 96.5 percent loan-to-value ratio, which means 3.5 percent down.
Rate check
Tell us the price range, down payment and credit range you are working with. We compare every lender we work with and show you the options side by side.
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FHA is a widely used government-insured option in California. Brokers like SRK CAPITAL shop FHA across wholesale lender networks to find the best rate and terms for your file.
Underwriting focuses on your credit history, income documentation, and the property itself. SRK CAPITAL closes FHA loans in 17 to 21 days, or 10 days when expedited.
04
FHA makes sense in Concord when you have solid income but limited savings. The 3.5 percent down threshold opens the door to a $699,000 median-priced home without a six-figure down payment.
At $4,437 monthly, the principal-and-interest payment is a substantial share of typical monthly income in Contra Costa County. Discuss your full affordability picture with a loan officer, since mortgage insurance doesn't cancel unless you refinance.
05
Conventional loans require 5 to 20 percent down and a higher credit score. FHA gets you in with 3.5 percent down and a 580 credit floor.
VA loans offer zero down and no mortgage insurance for eligible veterans. FHA serves any borrower who meets the credit and income thresholds.
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Contra Costa County is investing in regional infrastructure. The new East County Service Center in Brentwood signals commitment to expanding public services across the area.
Concord sits in an active market with 236 homes listed and 24-day average time on market. Buyers have options, and the price-per-square-foot sits at $475.
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Concord's FHA market is active with 236 homes listed and a median price of $699,000. The 24-day average time on market means homes move steadily.
Contra Costa County's median household income is $125,727. That income figure sits above the national average, per county demographic data.
FAQ
At 5.875% interest on a $750,000 FHA loan, your principal and interest payment is $4,437 per month. Add property taxes, insurance, and mortgage insurance for your total housing payment.
No. FHA requires only 3.5 percent down, which is $27,202 on a $777,202 purchase. Conventional loans typically want 5 to 20 percent down.
Yes. FHA requires a minimum 580 representative credit score for a primary residence. Your income, debt-to-income ratio, and the property appraisal also matter.
Yes, but only if you refinance. FHA mortgage insurance runs for the life of the loan below 10 percent down. Refinancing to conventional at 20 percent equity is the main escape route.
Your housing debt-to-income ratio must be at most 31 percent for a primary residence. Your total debt-to-income ratio must be at most 43 percent for a primary residence.
Programs for first-time buyers that allow lower down payments and more forgiving credit and income rules.
Explore refinancing options to lower your rate, tap equity, or switch loan terms.
SRK CAPITAL in Contra Costa County
Our team of licensed mortgage brokers works Contra Costa County every week. Tell us where you are in the process and we will map out the loan, the timeline and the money you need at closing, with no obligation.
What working with us looks like
Licensed mortgage brokers
You talk with a broker, not a call center, from the first question to closing day.
17-21 day typical close
Most purchase loans close in 17-21 days once your paperwork is in.
Every county in California
We work across the state, including Contra Costa County, so local limits and rules are already familiar.
Financing solutions for rental properties, fix-and-flip projects, and real estate portfolios.
Mortgage programs with alternative income documentation for business owners and freelancers.
Federally insured or guaranteed programs (FHA, VA, USDA) that let lenders accept lower credit scores and smaller down payments.
Traditional mortgage options meeting standard lending guidelines with various term structures.
Alternative lending programs for borrowers who need flexible documentation or unique loan structures.
Side-by-side comparisons to help you choose the right mortgage program.
This page is for educational purposes only and does not constitute financial, legal, or tax advice. Mortgage rates, terms, and program availability can change and vary by borrower and property. Consult a licensed mortgage professional for guidance on your scenario.