Question 1

What's the FHA loan limit in South Pasadena?

Accepted Answer

$766,550 for single-family homes in LA County for 2025. That covers most South Pasadena properties outside premium north-of-Mission locations.

Question 2

Can I use FHA with 580 credit in South Pasadena?

Accepted Answer

FHA allows it, but most lenders set internal minimums at 600-620. I shop lenders who approve lower scores if your income and reserves are strong.

Question 3

Do South Pasadena sellers accept FHA offers?

Accepted Answer

Yes, but appraisal repair requirements on older homes sometimes concern sellers. Pre-inspections and repair credits in your offer help.

Question 4

How much is FHA mortgage insurance in South Pasadena?

Accepted Answer

1.75% upfront (can be financed) plus 0.55-0.85% annually based on your down payment. On a $650,000 loan, expect $350-460 monthly.

Question 5

Can I buy a South Pasadena condo with FHA?

Accepted Answer

Only if the HOA maintains FHA approval. Many smaller associations here let certification lapse, which disqualifies the building.

Question 6

When does FHA mortgage insurance drop off?

Accepted Answer

It doesn't on loans originated after June 2013. You'll refinance to conventional once you hit 20% equity to eliminate monthly MI.

FHA Loans in South Pasadena: Low Down Payment Access to Premium LA County Living