Question 1

What credit score do I need for FHA in San Bernardino?

Accepted Answer

580 gets you 3.5% down. Below 580, you'll need 10% down to qualify.

Question 2

Does FHA mortgage insurance ever go away?

Accepted Answer

On most FHA loans, MIP stays for the life of the loan. You'd need to refinance into conventional to remove it.

Question 3

Can I use FHA to buy a duplex in San Bernardino?

Accepted Answer

Yes, FHA allows 2-4 unit properties. You must live in one of the units as your primary residence.

Question 4

How does the FHA loan limit affect San Bernardino buyers?

Accepted Answer

San Bernardino County FHA limits are set annually by HUD. Most homes in the city price well under the county ceiling.

Question 5

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

Accepted Answer

It depends on your credit score. Below 640, FHA usually wins on rate and approval odds.

FHA Loans in San Bernardino: Low Down, Real Access