Question 1

What is the minimum down payment for an FHA loan in Adelanto?

Accepted Answer

FHA loans require just 3.5% down with a credit score of 580 or higher. Borrowers with scores from 500-579 need 10% down.

Question 2

Can I use an FHA loan to buy any home in Adelanto?

Accepted Answer

The property must meet FHA standards and appraisal requirements. Single-family homes and approved condos typically qualify.

Question 3

How does FHA mortgage insurance work in San Bernardino County?

Accepted Answer

You pay an upfront premium at closing plus annual premiums divided into monthly payments. These protect lenders against default.

Question 4

What credit score do I need for an FHA loan in Adelanto?

Accepted Answer

A minimum score of 580 qualifies for 3.5% down. Scores from 500-579 may qualify with 10% down payment.

Question 5

Are FHA loans only for first-time buyers in Adelanto?

Accepted Answer

No, FHA loans are available to any qualified borrower. Previous homeowners can use FHA financing for their next purchase.

FHA Loans in Adelanto: Affordable Home Financing with Low Down Payments