Question 1

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

Accepted Answer

580 gets you the 3.5% down payment option. Scores between 500 and 579 require 10% down.

Question 2

Does FHA mortgage insurance ever go away?

Accepted Answer

Not if you put less than 10% down — it lasts the life of the loan. Putting 10% down lets it cancel after 11 years.

Question 3

Can I use an FHA loan to buy a multi-unit property in Highland?

Accepted Answer

Yes. FHA allows up to 4-unit properties if you live in one unit. Rental income from other units can help you qualify.

Question 4

How do FHA loan limits work in San Bernardino County?

Accepted Answer

HUD sets annual limits by county. Your FHA loan in Highland cannot exceed San Bernardino County's published limit for the year.

Question 5

Is FHA better than conventional for a first-time buyer in Highland?

Accepted Answer

FHA wins on credit flexibility and down payment. Conventional is cheaper long-term if your credit is strong enough to qualify.

Question 6

Can a seller pay my closing costs on an FHA loan?

Accepted Answer

Yes. FHA allows seller concessions up to 6% of the sale price. Negotiate it into your offer.

FHA Loans in Highland, CA — Low Down Payment, Real Buying Power