Question 1

Is Ontario, CA eligible for USDA loans?

Accepted Answer

Most of the City of Ontario falls outside USDA-eligible zones. Check the USDA property eligibility map for specific addresses.

Question 2

Which loan has lower mortgage insurance?

Accepted Answer

USDA annual fees are typically lower than FHA MIP. Both programs require upfront and ongoing mortgage insurance.

Question 3

Can I use USDA with a lower credit score?

Accepted Answer

Most USDA lenders want a 640 score. FHA allows scores down to 580 — and 500 with a larger down payment.

Question 4

Do USDA loans have loan limits?

Accepted Answer

USDA doesn't publish hard loan limits. Your max loan is based on income, debt, and what the home appraises for.

Question 5

Which loan closes faster — FHA or USDA?

Accepted Answer

FHA typically closes faster. USDA loans require an extra approval step through the USDA office, which can add weeks.

FHA vs USDA Loans in Ontario, CA: Which Gets You In?