Question 1

What is the FHA loan limit in Marin County?

Accepted Answer

Marin is a high-cost county with elevated FHA limits. Check HUD's current limit table before making any offer in San Rafael.

Question 2

Can I use FHA to buy a condo in San Rafael?

Accepted Answer

Yes, but the condo complex must be on HUD's approved list. Many Marin complexes aren't — confirm before you get attached to a unit.

Question 3

How long does FHA mortgage insurance last?

Accepted Answer

For most FHA loans with less than 10% down, MIP lasts the full loan term. Putting 10% down cuts it to 11 years.

Question 4

Does FHA work for a duplex in San Rafael?

Accepted Answer

Yes. FHA allows 2-4 unit properties if you live in one unit. Rental income from other units can help qualify.

Question 5

Will sellers in Marin County reject FHA offers?

Accepted Answer

Some do — it's a real risk in competitive Marin markets. A solid pre-approval and clean offer terms help offset that.

Question 6

Is FHA or conventional better for San Rafael buyers?

Accepted Answer

Depends on your credit and down payment. FHA wins below 680 credit. Above 700 with 5% down, conventional usually costs less long-term.

FHA Loans in San Rafael, CA — Low Down, High-Cost Market