Question 1

What is the FHA loan limit for Merced County?

Accepted Answer

FHA sets county-level loan limits annually. Check current Merced County limits with us — they're updated each year based on local home values.

Question 2

Can farm or ag workers qualify for FHA in Dos Palos?

Accepted Answer

Yes. FHA accepts seasonal and agricultural income with proper documentation. Two years of consistent earnings history is the key.

Question 3

Does Dos Palos qualify for USDA loans too?

Accepted Answer

Parts of Dos Palos may fall within USDA rural eligibility zones. We check both programs and recommend whichever saves you more money.

Question 4

How much is FHA mortgage insurance?

Accepted Answer

FHA charges an upfront MIP of 1.75% of the loan amount, plus an annual premium. Annual MIP depends on your loan term and down payment.

Question 5

Can I use gift money for my FHA down payment?

Accepted Answer

Yes — FHA allows 100% of the down payment to come from a gift. The donor needs to sign a gift letter confirming no repayment is expected.

Question 6

Will an older home in Dos Palos pass FHA appraisal?

Accepted Answer

It depends on condition. FHA appraisers flag safety hazards, roof issues, and structural problems. A pre-listing inspection helps avoid surprises.

FHA Loans in Dos Palos, CA — Low Down Payment, Real Approval Odds