Question 1

What is the FHA loan limit in San Bernardino County?

Accepted Answer

FHA loan limits are set by HUD and adjust annually. Check HUD's current limit table for San Bernardino County before assuming a home price qualifies.

Question 2

Can I use FHA to buy a condo in Chino Hills?

Accepted Answer

Only FHA-approved condo projects qualify. Search HUD's condo approval list — many Chino Hills complexes are not on it.

Question 3

How long does FHA mortgage insurance last?

Accepted Answer

With less than 10% down, MIP stays for the life of the loan. You'd need to refinance into a conventional loan to remove it.

Question 4

Is FHA or conventional better for Chino Hills buyers?

Accepted Answer

Depends on your credit score and down payment. Below 680, FHA usually prices better. Above that, run both scenarios before deciding.

Question 5

What credit score do I need for FHA in California?

Accepted Answer

FHA allows 500 minimum, but most lenders require 580+ for 3.5% down. Some lenders set their own floor at 620.

Question 6

Does SRK CAPITAL offer FHA loans in Chino Hills?

Accepted Answer

Yes. SRK CAPITAL works with 200+ wholesale lenders and shops FHA rates across them to find the best fit for your file.

FHA Loans in Chino Hills, CA