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FHA Loans in Pinole
What's the monthly payment on an FHA loan in Pinole?
On a $750,000 FHA loan at 5.875% with $27,202 down, principal and interest is $4,437 per month. Mortgage insurance, property taxes, and homeowners insurance add to that total. Rates vary by borrower profile and market conditions.
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Pinole's median home price is $724,014, with homes selling in 15 days. At 5.875% interest, a $750,000 FHA loan costs $4,437 monthly for principal and interest.
That payment fits within Contra Costa County's median household income of $125,727. The market shows 45 active listings and steady buyer interest.
5.875%
Interest Rate
$4,437
Monthly Payment (PI)
580
Minimum Credit Score
3.5%
Down Payment Minimum
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FHA requires a minimum 580 representative credit score for a primary residence. You can put down as little as 3.5 percent, which is the inverse of the maximum 96.5 percent loan-to-value ratio.
Your housing debt-to-income ratio must stay at a maximum 31 percent for a primary residence. Your total debt-to-income ratio must stay at a maximum 43 percent. FHA mortgage insurance runs for the life of the loan when you put down less than 10 percent.
Local decision guide
Use this guide to connect fha loans eligibility, lender expectations, and local market factors before comparing payment options in Pinole.
Pinole's median home price is $724,014, with homes selling in 15 days. At 5.875% interest, a $750,000 FHA loan costs $4,437 monthly for principal and interest.
That payment fits within Contra Costa County's median household income of $125,727. The market shows 45 active listings and steady buyer interest.
FHA requires a minimum 580 representative credit score for a primary residence. You can put down as little as 3.5 percent, which is the inverse of the maximum 96.5 percent loan-to-value ratio.
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 are available through both retail banks and mortgage brokers like SRK CAPITAL. Brokers shop your file across multiple wholesale lenders to find the best rate and terms for your profile.
SRK CAPITAL closes FHA loans in 17 to 21 days, or 10 days when expedited. Underwriting focuses on your credit history, income documentation, and the property itself.
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FHA makes sense in Pinole when you have solid income but limited savings. On the $750,000 loan shown here, 3.5 percent down comes to $27,202.
FHA doesn't pencil if you can save 15 to 20 percent down. At that equity level, conventional loans skip mortgage insurance under the Homeowners Protection Act.
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Conventional loans require 20 percent down to avoid mortgage insurance, or less with PMI that cancels at 78 percent LTV. FHA gets you in at 3.5 percent down but carries mortgage insurance for the life of the loan under 10 percent down.
FHA rates often run lower than conventional for similar borrower profiles because the government insures the lender. Actual pricing varies by borrower file and lender, so a direct quote is the only way to compare.
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Pinole sits in Contra Costa County, where the median household income is $125,727. The county is investing in infrastructure like the East County Service Center now under construction in Brentwood.
Richmond parks are getting multi-million dollar upgrades with new soccer fields and modern restrooms. State and federal grants fund these improvements, supporting long-term property values across the county.
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Pinole and Contra Costa County see steady FHA lending activity from brokers and retail lenders. The county's median home price of $724,014 sits well below the 2026 FHA limit of $1,249,125.
Brokers like SRK CAPITAL shop rates across multiple wholesale lenders to find the best fit. FHA lending reflects strong demand from first-time buyers and those with limited down-payment savings.
FAQ
On a $750,000 FHA loan at 5.875% with $27,202 down, principal and interest is $4,437 per month. Mortgage insurance, property taxes, and homeowners insurance add to that total. Rates vary by borrower profile and market conditions.
No. FHA requires a minimum 580 representative credit score for a primary residence. Many borrowers with credit challenges qualify because FHA focuses on your full financial picture, not just the score.
No. The maximum loan-to-value ratio for FHA on a primary residence is 96.5 percent, which equals 3.5 percent down. That's the lowest FHA allows.
FHA mortgage insurance runs for the life of the loan when your down payment is under 10 percent. If you put down 10 percent or more, it cancels after 11 years.
Your housing debt-to-income ratio must stay at a maximum 31 percent for a primary residence. Your total debt-to-income ratio must stay at a maximum 43 percent.
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.