Question 1

Are any Cudahy properties USDA eligible?

Accepted Answer

Very few if any. Cudahy is part of the dense LA metro area that USDA excludes. We check every address but rarely find qualifying properties here.

Question 2

What credit score do I need for each loan?

Accepted Answer

FHA accepts 580 for 3.5% down, 500 for 10% down. USDA typically wants 640 minimum, though some lenders go lower with strong compensating factors.

Question 3

Which loan has lower monthly payments?

Accepted Answer

USDA usually costs less monthly due to no down payment and lower mortgage insurance. But this only matters if you can find an eligible Cudahy property.

Question 4

Can I use FHA or USDA for a condo in Cudahy?

Accepted Answer

FHA yes, if the condo project is FHA-approved. USDA rarely applies to condos even in eligible areas, and Cudahy condos almost certainly won't qualify.

Question 5

Do both loans have the same income limits?

Accepted Answer

No. FHA has no income limits at all. USDA caps household income around $111,000 for a family of four in Los Angeles County.

FHA vs USDA Loans in Cudahy: Which Gets You Better Terms?