Question 1

Can I use a USDA loan to buy in Campbell, CA?

Accepted Answer

Most Campbell addresses won't pass the USDA rural eligibility map. Check the USDA site by specific property address before applying.

Question 2

What are the income limits for USDA loans in Santa Clara County?

Accepted Answer

USDA income limits vary by household size and county. Santa Clara County's high wages often push borrowers above the cap.

Question 3

What credit score do I need for a USDA loan?

Accepted Answer

Most USDA lenders require a 640 credit score minimum. Some may approve lower scores with stronger compensating factors.

Question 4

Is there mortgage insurance on a USDA loan?

Accepted Answer

Yes. USDA loans charge an upfront guarantee fee plus an annual fee. Both are typically lower than FHA mortgage insurance.

Question 5

What loan types work better than USDA in Campbell?

Accepted Answer

FHA, VA, and conventional loans have no rural requirement. They're a more practical starting point for Campbell homebuyers.

USDA Loans in Campbell, CA — What You Need to Know