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FHA Loans in Colton
What's the monthly payment on a $750,000 FHA loan at 5.875%?
Principal and interest run $4,437 monthly at 5.887% APR. Add property taxes, insurance, and mortgage insurance—total housing cost typically runs $5,200 to $5,600 monthly.
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Colton's real estate market centers on single-family homes in the $750,000 range. At 5.875%, principal and interest run $4,437 monthly on a $750,000 FHA loan.
Three Inland Empire breweries—Claremont Craft Ales, Hangar 24, and Old Stump Brewing—won recognition at a regional craft beer competition. That kind of local investment signals a market where buyers can build equity and community.
5.875%
Interest Rate
$4,437
Monthly Payment (P&I)
580
Minimum FICO
3.5%
Minimum Down Payment
$690,000
2026 FHA Limit
17-21 days
Typical Close
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FHA requires a 580 FICO minimum to qualify, though most lenders prefer 640 or higher for better rates. At 740 FICO, you qualify for the best pricing and terms available.
San Bernardino County's median household income of $82,184 supports a $750,000 purchase comfortably. FHA's 3.5% down minimum means you need only $27,202 to close on that price.
Local decision guide
Use this guide to connect fha loans eligibility, lender expectations, and local market factors before comparing payment options in Colton.
Colton's real estate market centers on single-family homes in the $750,000 range. At 5.875%, principal and interest run $4,437 monthly on a $750,000 FHA loan.
Three Inland Empire breweries—Claremont Craft Ales, Hangar 24, and Old Stump Brewing—won recognition at a regional craft beer competition. That kind of local investment signals a market where buyers can build equity and community.
FHA requires a 580 FICO minimum to qualify, though most lenders prefer 640 or higher for better rates. At 740 FICO, you qualify for the best pricing and terms available.
Rate check
Tell us the price range, down payment and credit range you are working with. We compare every lender we work with and show you the options side by side.
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FHA loans in California move through both retail banks and mortgage brokers. Most lenders close FHA loans in 17 to 21 days, though some expedited programs finish in 21 days.
Appraisal standards for FHA are stricter than conventional loans. The lender will require property inspections and title work before funding, which is standard across the state.
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FHA makes sense in Colton when you have limited savings but solid credit. At 740 FICO, the 5.875% rate is competitive, and 3.5% down opens doors that conventional loans close.
Above the 2026 FHA limit of $690,000, conventional or jumbo financing becomes necessary. Most Colton homes stay under that cap, making FHA the practical choice for first-time and repeat buyers alike.
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Conventional loans typically require 5% to 20% down and a 620+ FICO minimum. FHA opens the door with 3.5% down and 580 FICO, though mortgage insurance runs longer on conventional if you put down less than 20%.
FHA's lifetime mortgage insurance below 10% down is the real cost difference. Conventional PMI cancels at 78% LTV automatically, but conventional rates run slightly higher when you're below 20% down.
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Ontario International Airport launched its ONT BOLD expansion environmental review. That infrastructure investment signals long-term regional growth and job creation, which supports home values for Colton buyers.
Six new coffeehouses recently opened across the Inland Empire, adding local dining and community gathering spaces. These kinds of retail investments show the market is maturing beyond basic services.
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FHA lending in San Bernardino County remains steady as a practical option for buyers with limited savings. Lenders compete on rates and closing timelines, with most offering 30- to 45-day closes.
Mortgage insurance requirements mean FHA borrowers pay more over time than conventional buyers with 20% down. However, the lower down payment and credit floor make FHA the only realistic path for many first-time buyers in Colton.
FAQ
Principal and interest run $4,437 monthly at 5.887% APR. Add property taxes, insurance, and mortgage insurance—total housing cost typically runs $5,200 to $5,600 monthly.
No. FHA requires only 3.5% down minimum with 580+ FICO. On a $777,202 purchase, that's $27,202 down. Conventional loans typically need 5% to 20% down.
FHA requires a 580 FICO minimum to qualify. Most lenders prefer 640 or higher for better rates. At 740 FICO, you qualify for the best pricing and terms.
Yes—if you put down 10% or more, MIP cancels after 11 years. Below 10% down, MIP runs for the life of the loan. Refinancing to conventional is the standard path to remove it.
No. The 2026 FHA limit in San Bernardino County is $690,000. Above that, you'd need conventional or jumbo financing. Most Colton homes stay under this cap.
Programs for first-time buyers that allow lower down payments and more forgiving credit and income rules.
Explore refinancing options to lower your rate, tap equity, or switch loan terms.
SRK CAPITAL in San Bernardino County
Our team of licensed mortgage brokers works San Bernardino County every week. Tell us where you are in the process and we will map out the loan, the timeline and the money you need at closing, with no obligation.
What working with us looks like
Licensed mortgage brokers
You talk with a broker, not a call center, from the first question to closing day.
17-21 day typical close
Most purchase loans close in 17-21 days once your paperwork is in.
Every county in California
We work across the state, including San Bernardino County, so local limits and rules are already familiar.
Financing solutions for rental properties, fix-and-flip projects, and real estate portfolios.
Mortgage programs with alternative income documentation for business owners and freelancers.
Federally insured or guaranteed programs (FHA, VA, USDA) that let lenders accept lower credit scores and smaller down payments.
Traditional mortgage options meeting standard lending guidelines with various term structures.
Alternative lending programs for borrowers who need flexible documentation or unique loan structures.
Side-by-side comparisons to help you choose the right mortgage program.
This page is for educational purposes only and does not constitute financial, legal, or tax advice. Mortgage rates, terms, and program availability can change and vary by borrower and property. Consult a licensed mortgage professional for guidance on your scenario.