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FHA Loans in Redlands
What credit score do I need for an FHA loan in Redlands?
FHA requires a 580 FICO minimum. At 740 FICO, you qualify for the best rates. Scores between 580 and 620 may face higher rates or stricter underwriting.
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Redlands sits in San Bernardino County, where the median household income of $82,184 supports homes in the $750,000 range. Six new coffeehouses have opened across the Inland Empire recently, signaling local growth and buyer interest.
At 5.875% interest, a $750,000 FHA loan carries a $4,437 monthly payment for principal and interest. That rate applies to borrowers with 740 FICO and 3.5% down on a primary residence.
5.875%
Interest Rate
$4,437
Monthly P&I
580 minimum
FICO Required
3.5% minimum
Down Payment
$750,000
Loan Amount
30 days
Lock Period
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FHA requires a 580 FICO minimum and allows 3.5% down on primary residences. At 740 FICO and 96.5% LTV, you'll qualify for the rates shown here, but credit below 620 may face higher costs or denial.
San Bernardino County's median household income of $82,184 supports a $750,000 purchase comfortably. FHA's debt-to-income limits run 43% to 50%, so verify your income covers the payment plus existing debts.
Local decision guide
Use this guide to connect fha loans eligibility, lender expectations, and local market factors before comparing payment options in Redlands.
Redlands sits in San Bernardino County, where the median household income of $82,184 supports homes in the $750,000 range. Six new coffeehouses have opened across the Inland Empire recently, signaling local growth and buyer interest.
At 5.875% interest, a $750,000 FHA loan carries a $4,437 monthly payment for principal and interest. That rate applies to borrowers with 740 FICO and 3.5% down on a primary residence.
FHA requires a 580 FICO minimum and allows 3.5% down on primary residences. At 740 FICO and 96.5% LTV, you'll qualify for the rates shown here, but credit below 620 may face higher costs or denial.
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 are offered by banks, credit unions, and mortgage brokers. Most lenders require 30-day rate locks and consistent underwriting timelines, though some offer 45-day locks for a small fee.
Wholesale lenders (who fund through brokers) typically move faster than retail banks on FHA. Expect 17 to 21 days from application to closing, depending on appraisal and employment verification.
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FHA makes sense in Redlands when you have limited savings but solid income. At $82,184 county median income, 3.5% down ($27,202 on a $777,202 purchase) leaves cash in the bank for closing costs and reserves.
Above the 2026 FHA limit of $690,000, conventional or jumbo becomes necessary. Below that, FHA's lower credit floor and down-payment flexibility beat conventional for most first-time buyers.
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Conventional loans at this price point require 5% to 10% down and 620+ FICO, costing more upfront. FHA's 3.5% down and 580 FICO floor open the door for buyers without large savings.
Conventional PMI cancels at 78% LTV; FHA mortgage insurance runs for life above 90% LTV. Over 30 years, that's a meaningful cost difference—refinancing to conventional later is the escape route.
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Ontario International Airport launched its ONT BOLD expansion environmental review, signaling regional infrastructure investment. Long-term airport improvements support property values and job growth across the Inland Empire.
Three Inland Empire breweries—Claremont Craft Ales, Hangar 24, and Old Stump Brewing—won recognition at the San Diego County Fair. Local dining and beverage scenes attract younger buyers and support neighborhood stability.
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San Bernardino County saw steady FHA activity through 2025 and into 2026. Lenders report consistent demand from first-time buyers and those with limited down-payment savings.
FHA closings in the Inland Empire average 17 to 21 days from application. Appraisal delays and employment verification are the most common reasons for timeline extensions.
FAQ
FHA requires a 580 FICO minimum. At 740 FICO, you qualify for the best rates. Scores between 580 and 620 may face higher rates or stricter underwriting.
FHA allows 3.5% down minimum on primary residences. On a $777,202 purchase, that's $27,202. You'll also pay 1.75% upfront mortgage insurance plus annual MIP.
Principal and interest run $4,437 per month at 5.875% on a $750,000 loan. Add property taxes, insurance, and mortgage insurance—total housing cost typically runs $5,500 to $6,000 monthly.
FHA mortgage insurance runs for the life of the loan if you put down less than 10%. With 10% or more down, MIP cancels after 11 years. Refinancing to conventional is the standard path to remove it.
Yes. The 2026 FHA limit in San Bernardino County is $690,000, but Redlands qualifies as a high-cost area, raising the limit to accommodate your purchase price. Verify with your lender that your property address qualifies.
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.