Question 1

Can I use a USDA loan to buy in San Francisco?

Accepted Answer

No. San Francisco County has no USDA-eligible zones. USDA loans require rural or suburban property designations that don't exist within city limits.

Question 2

What credit score do I need for FHA in SF?

Accepted Answer

You need at least 580 for 3.5% down. Scores between 500 and 579 still qualify but require 10% down.

Question 3

Do FHA loans have loan limits in San Francisco?

Accepted Answer

Yes. San Francisco County sits in a high-cost area, so FHA limits here are significantly higher than the national baseline.

Question 4

Does FHA require mortgage insurance?

Accepted Answer

Yes, always. FHA charges an upfront premium plus a monthly fee. It doesn't drop off unless you refinance into a conventional loan.

Question 5

Are there income limits for FHA loans?

Accepted Answer

No income cap on FHA. USDA has income limits, but that's moot since USDA doesn't apply in San Francisco anyway.

Question 6

Which loan has a lower down payment?

Accepted Answer

USDA wins at zero down — but it's not available here. FHA's 3.5% minimum is the lowest realistic option for San Francisco buyers.

FHA vs USDA Loans in San Francisco: Which One Works Here?