Question 1

What credit score do I need for FHA in San Jacinto?

Accepted Answer

You need 580 for 3.5% down or 500 for 10% down. Most lenders set their own 580 minimum regardless of your down payment size.

Question 2

Can I use FHA for a manufactured home here?

Accepted Answer

Yes, if built after June 1976 and on a permanent foundation. Mobile homes on leased land don't qualify under FHA guidelines.

Question 3

How much are FHA mortgage insurance costs?

Accepted Answer

You pay 1.75% upfront at closing plus 0.55-0.80% annually. Monthly premiums stay for the loan life with under 10% down.

Question 4

What's the FHA loan limit in Riverside County?

Accepted Answer

The 2024 limit is $766,550 for single-family homes. Nearly all San Jacinto properties fall under this ceiling.

Question 5

How long after bankruptcy can I get FHA?

Accepted Answer

Three years after Chapter 7 discharge. Chapter 13 allows one year into the repayment plan with trustee approval and payment history.

FHA Loans in San Jacinto: 3.5% Down, 580 Credit Score Gets You In