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FHA Loans in Ontario
What's the monthly payment on a $750,000 FHA loan at 5.875%?
Principal and interest run $4,437 monthly at 5.875% APR. Add property taxes, insurance, and mortgage insurance—total housing cost typically runs $5,200 to $5,600 monthly.
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Ontario's real estate market is active with new dining and entertainment venues opening regularly. At 5.875%, a $750,000 FHA purchase runs $4,437 monthly in principal and interest alone.
The county's median household income of $82,184 supports homes in the $600,000 to $750,000 range comfortably. FHA's 3.5% down requirement means buyers need roughly $27,000 to close on a typical purchase here.
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.
With 3.5% down, a $750,000 purchase requires $27,202 at closing. The county's median household income of $82,184 stretches to cover homes in this price range with room for property taxes and insurance.
Local decision guide
Use this guide to connect fha loans eligibility, lender expectations, and local market factors before comparing payment options in Ontario.
Ontario's real estate market is active with new dining and entertainment venues opening regularly. At 5.875%, a $750,000 FHA purchase runs $4,437 monthly in principal and interest alone.
The county's median household income of $82,184 supports homes in the $600,000 to $750,000 range comfortably. FHA's 3.5% down requirement means buyers need roughly $27,000 to close on a typical purchase here.
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 with consistent underwriting standards.
Appraisal requirements are stricter than conventional loans, but the trade-off is lower credit and down-payment thresholds. Lenders typically require two years of employment history and clean payment records.
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FHA makes sense in Ontario when you have limited savings but solid credit above 640. At $750,000, the 3.5% down requirement saves $20,000 compared to a 5% conventional down payment.
Below the 2026 FHA limit of $690,000, FHA is the clearest option for Ontario buyers with modest savings. Above that cap, conventional or jumbo financing becomes necessary.
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Conventional loans typically require 5% to 20% down and a 620+ FICO minimum. FHA's 3.5% down and 580 FICO floor make it the lower-barrier option for first-time buyers.
The trade-off is mortgage insurance (MIP). Conventional loans at 20% down skip PMI entirely, while FHA MIP runs for the life of the loan below 10% down. For buyers with limited savings, FHA's upfront cost advantage usually outweighs the long-term MIP expense.
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Ontario International Airport's ONT BOLD expansion project is underway, signaling infrastructure investment in the region. Long-term projects like this support stable home values for buyers committing to the area.
Six new coffeehouses and three award-winning breweries have opened recently across the Inland Empire. These additions reflect growing local amenities that appeal to homebuyers seeking community and lifestyle options.
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FHA lending in California remains steady with consistent approval rates across the state. Brokers and retail lenders compete actively on rates and closing timelines.
Employment verification and appraisal standards drive most underwriting delays. Clean payment history and stable income matter more than perfect credit scores on FHA loans.
FAQ
Principal and interest run $4,437 monthly at 5.875% 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, so FHA saves cash upfront.
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 Ontario 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.