Question 1

Is San Juan Bautista USDA-eligible?

Accepted Answer

You need to verify eligibility on the USDA property map. San Benito County has rural areas that may qualify — confirm your specific address before applying.

Question 2

Which loan has lower monthly costs?

Accepted Answer

USDA typically carries lower mortgage insurance fees than FHA. Over a 30-year loan, that difference adds up significantly.

Question 3

Can I use USDA with a low credit score?

Accepted Answer

Most USDA lenders want a 640 credit score. FHA is more flexible, accepting scores as low as 580 for 3.5% down.

Question 4

Do both loans allow seller concessions?

Accepted Answer

Yes. Both FHA and USDA allow the seller to cover closing costs. This helps buyers stretch limited cash further.

Question 5

What income limit applies for USDA in San Benito County?

Accepted Answer

USDA sets limits by household size and county. Check the USDA eligibility portal for current San Benito County thresholds.

Question 6

Can I buy a fixer-upper with either loan?

Accepted Answer

FHA has a rehab option called the 203k loan. USDA loans generally require the home to be in move-in condition at closing.

FHA vs USDA Loans in San Juan Bautista