Question 1

What is the FHA loan limit in San Joaquin County?

Accepted Answer

Limits adjust annually. Contact us for the current figure — it directly caps how much you can borrow with FHA in Lathrop.

Question 2

Can I use FHA to buy a new construction home in Lathrop?

Accepted Answer

Yes. New construction is FHA-eligible if the property meets HUD standards. The builder must provide documentation to satisfy appraisal requirements.

Question 3

How long does FHA mortgage insurance last?

Accepted Answer

For most FHA loans with under 10% down, MIP stays for the loan's life. Putting 10% down shortens it to 11 years.

Question 4

Can I get an FHA loan with a recent job change?

Accepted Answer

Yes, if you're in the same field or the move increased your income. Two-year employment history matters — gaps need explanation.

Question 5

What credit score do I actually need to get approved?

Accepted Answer

580 for 3.5% down with most lenders. Some overlays push that to 620. We'll match you to a lender based on your actual profile.

Question 6

Does FHA allow gift funds for the down payment?

Accepted Answer

Yes. The full 3.5% down can come from a family member. The gift must be documented — donor letter and transfer records required.

FHA Loans in Lathrop, CA — Low Down, Real Path to Ownership