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FHA Loans in Moraga
What credit score do I need for an FHA loan in Moraga?
FHA requires a minimum 580 representative credit score for a primary residence, per HUD's FHA handbook. Lenders may set their own overlays above that floor.
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Moraga's median home price is $1,450,000. Homes sell in 14 days on average, with 32 active listings.
At 5.875% interest, a $750,000 FHA loan carries $4,437 monthly for principal and interest. County infrastructure projects support long-term property values.
5.875%
Interest Rate
$4,437
Monthly P&I Payment
580
Minimum Credit Score
96.5%
Maximum LTV
$27,202
Down Payment (3.5%)
02
FHA requires a minimum 580 representative credit score for a primary residence, per HUD's FHA handbook. You can put down as little as 3.5 percent.
Housing debt-to-income cannot exceed 31 percent for a primary residence, per HUD's guidance. Total debt-to-income cannot exceed 43 percent.
Local decision guide
Use this guide to connect fha loans eligibility, lender expectations, and local market factors before comparing payment options in Moraga.
Moraga's median home price is $1,450,000. Homes sell in 14 days on average, with 32 active listings.
At 5.875% interest, a $750,000 FHA loan carries $4,437 monthly for principal and interest. County infrastructure projects support long-term property values.
FHA requires a minimum 580 representative credit score for a primary residence, per HUD's FHA handbook. You can put down as little as 3.5 percent.
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 loans attract both retail banks and mortgage brokers across California. Brokers like SRK CAPITAL shop the loan across wholesale lender partners to find the best rate and terms.
Underwriting focuses on your credit history, income documentation, and the property's condition. SRK CAPITAL closes FHA loans in 17 to 21 days, or 10 days when expedited.
04
FHA makes sense in Moraga when you have solid credit but limited down-payment savings. At $1,450,000 median price, 3.5 percent down is far more achievable than a larger down payment.
The mortgage insurance cost is real, but the monthly payment stays manageable. Conventional financing can work better once a buyer reaches 20 percent down, since that removes PMI.
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Conventional financing at 20 percent down carries no mortgage insurance. Rates on conventional loans often run lower than FHA, though this varies by lender and borrower file.
FHA's 3.5 percent down is far more accessible, even with lifetime mortgage insurance. The trade-off is structural: FHA adds an insurance cost that conventional avoids at 20 percent down.
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Contra Costa County broke ground on the East County Service Center in Brentwood, per Contra Costa News. That kind of county investment can support long-term property values.
Moraga's 14-day average time on market suggests brisk buyer interest, per current listing data. With only 32 active listings, inventory stays tight.
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FHA lending gives Moraga buyers a lower down-payment path at a $1,450,000 median price. That price level makes the 3.5 percent down option meaningful here.
SRK CAPITAL shops FHA files across its wholesale lender network to find competitive pricing. The program remains a common entry point for buyers without a large down payment saved.
FAQ
FHA requires a minimum 580 representative credit score for a primary residence, per HUD's FHA handbook. Lenders may set their own overlays above that floor.
Yes. FHA allows as little as 3.5 percent down for a primary residence, per HUD's FHA handbook. On a $777,202 purchase, that's $27,202 down.
At 5.875% interest on a $750,000 loan, principal and interest run $4,437 per month. Add property taxes, insurance, and FHA mortgage insurance.
FHA mortgage insurance runs for the life of the loan when you put down less than 10 percent, per HUD's FHA rules. It cancels after 11 years at 10 percent or more.
SRK CAPITAL closes FHA loans in 17 to 21 days standard, or 10 days when expedited. Speed depends on document submission and appraisal timing.
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.