Question 1

Is Saratoga eligible for USDA loans?

Accepted Answer

Most of Saratoga falls outside USDA-eligible zones. Check the USDA property eligibility map or ask us to run it for your specific address.

Question 2

What credit score do I need for FHA in Saratoga?

Accepted Answer

580 gets you 3.5% down. Scores between 500-579 require 10% down. Below 500, FHA won't work.

Question 3

Does USDA have loan limits in Santa Clara County?

Accepted Answer

USDA doesn't publish hard loan limits the same way FHA does. Your qualifying loan amount is driven by income and debt ratios.

Question 4

Which loan has lower mortgage insurance?

Accepted Answer

USDA's annual fee is typically lower than FHA's monthly MIP. Run both scenarios with your actual loan amount to compare real costs.

Question 5

Can I use USDA if I earn a high income in Saratoga?

Accepted Answer

Probably not. USDA income limits are set by county and household size. Santa Clara County salaries often exceed those thresholds.

Question 6

Which loan is better for first-time buyers in Saratoga?

Accepted Answer

FHA is more accessible here. USDA is better on paper but geographic and income restrictions make it hard to use in this market.

FHA vs USDA Loans in Saratoga, CA