Question 1

What is the FHA loan limit in Riverside County?

Accepted Answer

Riverside County has its own FHA loan limit that caps what you can borrow. Check current limits with us directly — they adjust periodically and affect which Palm Desert homes qualify.

Question 2

Can I use FHA to buy a condo in Palm Desert?

Accepted Answer

Yes, but the condo complex must be FHA-approved. Many Palm Desert condo associations are not on the approved list, so verify before you get attached to a unit.

Question 3

How long does FHA mortgage insurance last?

Accepted Answer

On loans with less than 10% down, FHA mortgage insurance lasts the full loan term. Put 10% or more down and it drops off after 11 years.

Question 4

Is FHA a good option for a Palm Desert investment property?

Accepted Answer

No. FHA requires you to live in the home as your primary residence. It is not available for pure investment or vacation rental properties.

Question 5

What credit score do I actually need for FHA in Palm Desert?

Accepted Answer

580 gets you to 3.5% down. Some lenders here add overlays requiring 620 or higher. We work with lenders who stick closer to FHA's actual minimums.

Question 6

Can a seller pay my closing costs on an FHA loan?

Accepted Answer

Yes. FHA allows sellers to contribute up to 6% of the purchase price toward closing costs. This is a real negotiating tool in Palm Desert.

FHA Loans in Palm Desert, CA — Low Down, Real Approval