Question 1

What is the FHA loan limit in San Bernardino County?

Accepted Answer

Limits adjust annually by HUD. Confirm the current San Bernardino County limit before shopping — it determines your max purchase price with FHA.

Question 2

Can I use FHA to buy a condo in Loma Linda?

Accepted Answer

Only FHA-approved condos qualify. The condo complex must be on HUD's approved list, or you need a spot approval — that takes extra time.

Question 3

How long does an FHA loan take to close?

Accepted Answer

Plan for 30-45 days. FHA appraisals add time if the property needs repairs before approval.

Question 4

Do I need perfect credit to get an FHA loan?

Accepted Answer

No. FHA allows scores down to 580 with 3.5% down. Below 580, you'll need 10% down and fewer lenders will approve you.

Question 5

Is FHA mortgage insurance permanent?

Accepted Answer

If you put less than 10% down, yes — MIP stays for the loan's life. Putting 10% down lets you remove it after 11 years.

Question 6

Can a medical resident qualify for FHA in Loma Linda?

Accepted Answer

Yes. FHA counts offer letters and residency contracts as qualifying income. A good broker structures the file correctly from the start.

FHA Loans in Loma Linda, CA — Low Down, Real Access