Question 1

What's the minimum credit score for FHA in Long Beach?

Accepted Answer

You need 580 credit for 3.5% down. Scores between 500-579 require 10% down, but few lenders accept below 580 in this market.

Question 2

Can I use FHA for a Long Beach condo?

Accepted Answer

Yes, but the building must be FHA-approved. We verify approval status before you make an offer to avoid wasted time.

Question 3

How much is FHA mortgage insurance in Long Beach?

Accepted Answer

You pay 1.75% upfront and 0.55% to 0.85% annually based on loan amount and down payment. It adds $400-$700 monthly on a $700,000 loan.

Question 4

What's the FHA loan limit for Long Beach in 2025?

Accepted Answer

$1,149,825 for single-family homes. That covers most properties except luxury homes on the peninsula or Naples Island.

Question 5

Do Long Beach sellers accept FHA offers?

Accepted Answer

Yes, but you'll compete better with appraisal gap coverage. Sellers worry about repair requirements, so address that concern upfront.

Question 6

Can I buy a fixer-upper with FHA in Long Beach?

Accepted Answer

Only if repairs are minor. Major issues require FHA 203(k) renovation loans, which take longer and cost more to originate.

FHA Loans in Long Beach: Low Down Payments for Coastal Buyers