Question 1

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

Accepted Answer

580 gets you 3.5% down. Scores between 500 and 579 still qualify but require 10% down.

Question 2

Does USDA cover Crescent City properties?

Accepted Answer

Much of Del Norte County falls in USDA-eligible zones. Check the property address — USDA zero-down may be available.

Question 3

Will FHA work on an older home near the coast?

Accepted Answer

FHA appraisals are strict on property condition. Deferred maintenance or safety issues can delay or kill approval.

Question 4

How long does FHA mortgage insurance last?

Accepted Answer

On most FHA loans with less than 10% down, MIP stays for the life of the loan. Refinancing into conventional removes it.

Question 5

Can I use FHA if I'm self-employed in Crescent City?

Accepted Answer

Yes. FHA allows self-employment income with two years of tax returns. A broker can match you with lenders who handle this well.

FHA Loans in Crescent City, CA