Question 1

What credit score do I need for FHA in Parlier?

Accepted Answer

You need 580 for 3.5% down or 500-579 for 10% down. Most lenders in our network approve 580+ easily; some require 620 due to overlays.

Question 2

Can I use FHA for a manufactured home in Parlier?

Accepted Answer

Yes, if it was built after June 1976 and sits on a permanent foundation. The appraisal will be stricter than for stick-built homes.

Question 3

How much can I borrow with FHA in Fresno County?

Accepted Answer

FHA limits in Fresno County allow up to $541,287 for a single-family home in 2024. Most Parlier homes fall well below this ceiling.

Question 4

Does seasonal farm income disqualify me?

Accepted Answer

No. Lenders average your income over two years. We document consistent annual earnings even when monthly deposits fluctuate with harvest cycles.

Question 5

How long until I can refinance out of FHA?

Accepted Answer

Most Parlier buyers refinance in 3-5 years once they hit 20% equity or their credit improves. You pay mortgage insurance until then.

FHA Loans in Parlier: Low Down Payment Options for First-Time Buyers