Question 1

What is the FHA loan limit in Riverside County?

Accepted Answer

FHA sets limits by county each year. Check the current Riverside County limit before you shop — it directly caps what you can borrow.

Question 2

Can I use an FHA loan to buy a duplex in Jurupa Valley?

Accepted Answer

Yes. FHA covers 1-4 unit properties. You must live in one unit as your primary residence.

Question 3

How much is FHA mortgage insurance?

Accepted Answer

Upfront MIP is 1.75% of the loan. Monthly MIP runs around 0.55% annually for most 30-year loans.

Question 4

Can I cancel FHA mortgage insurance later?

Accepted Answer

Not automatically. You'd need to refinance into a conventional loan once you have enough equity to drop it.

Question 5

Does FHA work for self-employed buyers in Jurupa Valley?

Accepted Answer

Yes, but lenders require two years of tax returns. FHA is flexible on credit — not on income documentation.

Question 6

How fast can an FHA loan close in Riverside County?

Accepted Answer

Typically 21-30 days. FHA appraisals have stricter property standards, which can add time if repairs are needed.

FHA Loans in Jurupa Valley — Low Down, Real Access