Question 1

What credit score do I need for FHA in Pasadena?

Accepted Answer

Most lenders require 580 for 3.5% down. Scores of 500-579 need 10% down, but few lenders approve those applications.

Question 2

Do Pasadena condos qualify for FHA loans?

Accepted Answer

Only if the HOA is FHA-certified. We verify certification before you make an offer to avoid wasting inspection and appraisal costs.

Question 3

Can I buy a fixer-upper with FHA in Pasadena?

Accepted Answer

Standard FHA requires livable condition. FHA 203k renovation loans work for fixers, but add complexity and time to closing.

Question 4

How much is FHA mortgage insurance in Pasadena?

Accepted Answer

Expect 0.85% annually on your loan amount, plus 1.75% upfront. That's roughly $200-300 monthly on typical purchase prices.

Question 5

Will Pasadena sellers accept FHA offers?

Accepted Answer

Many do, especially in starter home price ranges. Strong earnest money and clean financing letters help overcome seller concerns.

FHA Loans in Pasadena: Low Down Payment Access to LA County Real Estate