Question 1

What's the FHA loan limit in Inglewood?

Accepted Answer

The 2024 FHA limit for Los Angeles County is $1,149,825 for single-family homes. This covers most Inglewood properties outside luxury segments.

Question 2

Can I use FHA for a condo in Inglewood?

Accepted Answer

Only if the complex appears on FHA's approved condo list. Many smaller Inglewood buildings aren't approved, so check before making an offer.

Question 3

How long does FHA approval take in Inglewood?

Accepted Answer

Expect 25-35 days with a responsive lender. Older properties requiring FHA repairs add 1-2 weeks for contractor work and re-inspection.

Question 4

Does FHA work for Inglewood fixer-uppers?

Accepted Answer

Standard FHA requires properties to be habitable at closing. Major renovations need FHA 203(k) rehab loans with different qualification rules.

Question 5

Can I remove FHA mortgage insurance later?

Accepted Answer

Not if you put down less than 10%. MIP stays for the loan's life—you'd need to refinance to conventional to eliminate it.

FHA Loans in Inglewood: Government-Backed Financing for LA County Homebuyers