Question 1

What credit score do I need for FHA in Sanger?

Accepted Answer

580 minimum gets you 3.5% down. Below 580 requires 10% down. Most approvals happen at 620+ but we've closed loans in the 580-620 range with strong compensating factors.

Question 2

Can I use FHA for a fixer-upper in Sanger?

Accepted Answer

Yes, but repairs under $5,000 work through escrow holdbacks. Anything bigger needs a 203k rehab loan. We handle both but plan for extra time on rehab loans.

Question 3

How much are FHA closing costs in Fresno County?

Accepted Answer

Expect 2-5% of purchase price. Sellers can contribute up to 6% toward your costs. We negotiate this in your offer to reduce what you bring to closing.

Question 4

Does FHA mortgage insurance go away?

Accepted Answer

Not on 3.5% down loans—it lasts the full loan term. Put 10% down and PMI drops after 11 years. Refinance to conventional later to eliminate it sooner.

Question 5

What's the FHA loan limit in Sanger?

Accepted Answer

$498,257 for single-family homes in 2026. That covers nearly all Sanger properties. Jumbo FHA doesn't exist—you'd switch to conventional or jumbo financing above that.

Question 6

Can self-employed buyers get FHA in Sanger?

Accepted Answer

Yes. We need two years of tax returns and year-to-date profit and loss. Income must be stable or increasing. Lower credit requirements still apply—easier than conventional self-employed.

FHA Loans in Sanger: Low Down Payments for Central Valley Buyers