Question 1

What is the FHA loan limit for Mendocino County?

Accepted Answer

HUD sets county-level limits annually. Check the current HUD table for Mendocino County — the limit determines your max FHA purchase price.

Question 2

Can I use FHA to buy a property in a rural part of Ukiah?

Accepted Answer

Yes, FHA covers rural properties. The home must meet FHA's minimum property standards, which rules out some fixer-uppers.

Question 3

How long does FHA mortgage insurance last?

Accepted Answer

With less than 10% down, MIP stays for the life of the loan. Refinancing to conventional is the main way to remove it.

Question 4

Does FHA work for self-employed borrowers in Ukiah?

Accepted Answer

Yes, but lenders require two years of self-employment tax returns. Averaged net income — not gross — is what counts for qualifying.

Question 5

What credit score do I need for FHA in Ukiah?

Accepted Answer

FHA allows 500 minimum. Most lenders we work with want 580+ for the 3.5% down program.

Question 6

Can FHA be used to buy a multi-unit property in Ukiah?

Accepted Answer

Yes, FHA goes up to four units. You must occupy one unit as your primary residence.

FHA Loans in Ukiah, CA — Low Down, Real Access