Question 1

What credit score do I need for FHA in East Palo Alto?

Accepted Answer

You need 580 minimum for 3.5% down payment. Scores below 580 require 10% down, but most lenders won't approve under 580 regardless of down payment size.

Question 2

Can I use FHA for a condo in East Palo Alto?

Accepted Answer

Yes, if the HOA is FHA-approved. Many aren't, so verify approval status before making an offer to avoid wasting time.

Question 3

How much can I borrow with FHA in San Mateo County?

Accepted Answer

The FHA limit is $644,000 for single-family homes as of February 2026. That amount adjusts annually based on local home prices.

Question 4

Does FHA mortgage insurance ever go away?

Accepted Answer

No. FHA charges 0.55% annual mortgage insurance for the loan's full term unless you refinance to conventional or pay off the loan completely.

Question 5

Can family members help me qualify for FHA?

Accepted Answer

Yes. FHA allows non-occupant co-borrowers who don't live in the home but add their income to your application for qualification purposes.

Question 6

How long does FHA approval take in East Palo Alto?

Accepted Answer

Full underwriting takes 3-5 business days with complete documentation. We pre-submit files so you can close in 21 days and compete with cash offers.

FHA Loans in East Palo Alto: 3.5% Down Payment Mortgages