Question 1

What is the FHA loan limit in San Diego County?

Accepted Answer

San Diego County is a high-cost area, so FHA limits exceed the national baseline. Check current limits with us — they adjust annually and affect how much you can borrow.

Question 2

Can I use FHA to buy a condo in Chula Vista?

Accepted Answer

Yes, but the condo complex must be on the FHA-approved list. Not all complexes qualify, so verify approval before making an offer.

Question 3

How long does FHA mortgage insurance last?

Accepted Answer

On most FHA loans with less than 10% down, MIP lasts the full loan term. Putting 10% or more down lets MIP drop off after 11 years.

Question 4

Is FHA or VA better for Chula Vista buyers?

Accepted Answer

VA wins for eligible veterans — no down payment and no monthly MIP. FHA is the better path for buyers without VA eligibility.

Question 5

What credit score do I need for FHA in Chula Vista?

Accepted Answer

580 gets you the 3.5% down option. Scores between 500 and 579 still qualify but require 10% down. Below 500, FHA won't work.

Question 6

Can I use gift funds for my FHA down payment?

Accepted Answer

Yes. FHA allows 100% of your down payment to come from a documented gift. The donor must provide a signed gift letter confirming no repayment is expected.

FHA Loans in Chula Vista — Low Down, Real Approval