Question 1

What credit score do I need for FHA in Santa Clarita?

Accepted Answer

You need 580 for 3.5% down. Scores of 500-579 require 10% down, but finding a lender is nearly impossible in that range.

Question 2

Can I use FHA for a condo in Valencia?

Accepted Answer

Yes, if the HOA is FHA-approved. We verify approval status before you write an offer to avoid wasted time.

Question 3

How much is FHA mortgage insurance in LA County?

Accepted Answer

Upfront MI is 1.75% of the loan amount. Annual MI ranges from 0.55% to 1.05% based on down payment and loan size.

Question 4

Does FHA work for homes in Canyon Country?

Accepted Answer

Absolutely. Most Canyon Country properties meet FHA standards. A few older homes on wells need extra inspections.

Question 5

When can I refinance out of FHA mortgage insurance?

Accepted Answer

Refinance to conventional once you reach 20% equity. With Santa Clarita appreciation, that often happens in 3-5 years.

Question 6

Will sellers accept FHA offers in Santa Clarita?

Accepted Answer

Most do. Come in at 5% down instead of 3.5% and waive minor repairs to compete with conventional buyers.

FHA Loans in Santa Clarita: Low Down Payment Mortgages for LA County Buyers