Question 1

What is the FHA loan limit for San Bernardino County?

Accepted Answer

San Bernardino County has its own FHA conforming limit set annually by HUD. Check current limits before you shop — they affect your max loan size.

Question 2

Can I use FHA to buy a new construction home in Chino?

Accepted Answer

Yes. Most Chino builders accept FHA. The home must pass an FHA appraisal, which new builds typically clear without issues.

Question 3

Does FHA mortgage insurance ever go away?

Accepted Answer

On loans with less than 10% down, MIP stays for the life of the loan. Put 10% or more down and it drops after 11 years.

Question 4

How long does FHA approval take in Chino?

Accepted Answer

Most FHA purchases close in 30-45 days. Having your documents ready upfront — tax returns, pay stubs, bank statements — keeps things moving.

Question 5

Can I qualify with a recent bankruptcy or foreclosure?

Accepted Answer

FHA has shorter waiting periods than conventional. Chapter 7 bankruptcy requires 2 years. Foreclosure typically requires 3 years from completion.

Question 6

Is a 580 credit score enough to get approved in practice?

Accepted Answer

580 meets FHA's floor, but some lenders add overlays requiring 620. A broker can find lenders who actually lend at 580.

FHA Loans in Chino, CA — Low Down, Real Approval Path