Question 1

What's the FHA loan limit in West Hollywood?

Accepted Answer

$1,149,825 for LA County. That covers most condos and smaller homes but not luxury properties.

Question 2

Can I use FHA for a West Hollywood condo?

Accepted Answer

Only if the building is FHA-approved. About half of WeHo condo projects maintain current certification.

Question 3

How much are FHA closing costs in West Hollywood?

Accepted Answer

Typically 2-4% of purchase price. Sellers can credit up to 6% toward your costs.

Question 4

Does FHA mortgage insurance ever drop off?

Accepted Answer

No. You pay monthly MI for the loan's life unless you refinance to conventional later.

Question 5

What credit score do I really need for FHA in West Hollywood?

Accepted Answer

Most lenders require 600-620 despite FHA's 580 floor. Overlays are tighter in high-cost areas.

Question 6

Can I buy a fixer-upper with FHA in West Hollywood?

Accepted Answer

Not easily. FHA requires homes to be move-in ready at closing with no major repairs needed.

FHA Loans in West Hollywood: Low Down Payment Access to a High-Priced Market