Question 1

Does all of Clovis qualify for USDA loans?

Accepted Answer

No. USDA designates eligible zones based on population density. Central Clovis typically doesn't qualify, but areas on the city's edges often do.

Question 2

Which loan has lower mortgage insurance?

Accepted Answer

USDA costs less—0.35% annual versus FHA's 0.55-0.85% depending on down payment. USDA's upfront fee is 1% versus FHA's 1.75%.

Question 3

Can I use both loans for investment properties?

Accepted Answer

No. Both FHA and USDA require you to occupy the home as your primary residence within 60 days of closing.

Question 4

What's the income limit for USDA in Fresno County?

Accepted Answer

Income caps adjust yearly. For 2026, check USDA's income eligibility tool using Fresno County—limits vary by household size.

Question 5

Which loan closes faster in Clovis?

Accepted Answer

FHA typically closes quicker. USDA adds processing time for income verification and property eligibility checks through the rural development office.

FHA vs USDA Loans in Clovis: Which Government Loan Fits Your Budget?