Question 1

Is Mariposa eligible for USDA loans?

Accepted Answer

Most of Mariposa County qualifies as a USDA-eligible rural area. Confirm the specific property address on the USDA eligibility map before applying.

Question 2

What are the USDA income limits in Mariposa County?

Accepted Answer

USDA sets household income limits by county and family size. Check the current USDA income eligibility tool — limits update periodically.

Question 3

Can I use FHA if I don't qualify for USDA?

Accepted Answer

Yes. FHA has no income cap and no rural area requirement. It's available to any eligible borrower in Mariposa County.

Question 4

Which loan has lower mortgage insurance costs?

Accepted Answer

USDA's annual guarantee fee is generally lower than FHA's monthly MIP. The difference grows meaningful over a 30-year loan term.

Question 5

Do both loans require the home to be a primary residence?

Accepted Answer

Yes. Neither FHA nor USDA allows investment properties or vacation homes. The borrower must occupy the home as their primary residence.

Question 6

What credit score do I need for each loan?

Accepted Answer

FHA allows down to 580 for 3.5% down. Most USDA lenders want 640 or higher, though some go lower with strong compensating factors.

FHA vs USDA Loans in Mariposa, CA