Question 1

What is the FHA loan limit in San Benito County?

Accepted Answer

FHA loan limits are set by county and updated annually. Check HUD's current limit for San Benito County before assuming your purchase price qualifies.

Question 2

Can I use FHA to buy a fixer-upper in San Juan Bautista?

Accepted Answer

Yes — the FHA 203k rehab loan wraps the purchase price and repair costs into one loan. It's built for older homes like those common in this area.

Question 3

How long does FHA mortgage insurance last?

Accepted Answer

If you put less than 10% down, MIP stays for the life of the loan. Put 10% or more down and MIP drops off after 11 years.

Question 4

Does FHA work for multi-unit properties here?

Accepted Answer

FHA allows up to 4 units if you occupy one as your primary residence. That can work well in smaller markets where rental income helps qualify.

Question 5

Is San Juan Bautista eligible for USDA instead of FHA?

Accepted Answer

Parts of San Benito County qualify for USDA rural loans. Confirm the specific property address on the USDA eligibility map before committing to FHA.

FHA Loans in San Juan Bautista, CA