Question 1

What is the FHA loan limit in Napa County?

Accepted Answer

Napa County qualifies for high-cost FHA limits above the national baseline. Check current HUD limits before assuming a ceiling — they adjust annually.

Question 2

Can I use FHA to buy a condo in Napa?

Accepted Answer

Yes, but the condo project must be FHA-approved. Not all Napa condo complexes are on the approved list, so verify before making an offer.

Question 3

How much does FHA mortgage insurance cost?

Accepted Answer

You pay 1.75% upfront at closing, plus an annual premium split into monthly payments. The monthly amount depends on your loan size and term.

Question 4

Can I get an FHA loan with a recent job change in Napa?

Accepted Answer

FHA wants two years of employment history, not necessarily at the same job. Changing fields recently can raise questions — same industry is easier to document.

Question 5

Does Napa's wine industry income qualify for FHA?

Accepted Answer

Self-employment and seasonal income can qualify with two years of tax returns showing consistent earnings. Irregular income needs strong documentation.

Question 6

Is FHA better than conventional for first-time Napa buyers?

Accepted Answer

FHA wins if your credit is under 680 or savings are tight. Above that, conventional may cost less over time due to lower mortgage insurance.

FHA Loans in Napa, CA: Low Down, Real Buying Power