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Fairfield sits in Solano County, where the median household income of $99,994 supports homes in the $700,000–$800,000 range. The Portuguese Freeport/Clarksburg Festa's 133rd year celebration reflects the region's deep cultural roots.
At 5.875% interest, a $750,000 FHA loan carries a $4,437 monthly payment for principal and interest. That rate locks in for 30 years, making your payment predictable.
5.875%
Interest Rate
$4,437
Monthly P&I
580
Minimum FICO
3.5% minimum
Down Payment
$685,400
FHA Limit (2026)
FHA Loans in Fairfield
FHA requires a 580 FICO minimum, but lenders typically want 640 or higher for competitive pricing. At 740 FICO, you're well-positioned for approval and the best terms.
Down payments start at 3.5% of the purchase price. With $27,202 down on a $777,202 home, mortgage insurance (MIP) runs for the life of the loan.
Local decision guide
Use this guide to connect fha loans eligibility, lender expectations, and local market factors before comparing payment options in Fairfield.
Fairfield sits in Solano County, where the median household income of $99,994 supports homes in the $700,000–$800,000 range. The Portuguese Freeport/Clarksburg Festa's 133rd year celebration reflects the region's deep cultural roots.
At 5.875% interest, a $750,000 FHA loan carries a $4,437 monthly payment for principal and interest. That rate locks in for 30 years, making your payment predictable.
FHA requires a 580 FICO minimum, but lenders typically want 640 or higher for competitive pricing. At 740 FICO, you're well-positioned for approval and the best terms.
FHA loans in California are offered by banks, credit unions, and mortgage brokers. The program is backed by HUD, so underwriting rules are consistent across lenders.
Closing timelines typically run 30–45 days. Appraisals are stricter than conventional, but that protects you from overpaying for a property.
FHA makes sense in Fairfield when you have limited savings but solid income and credit. The 3.5% down entry point opens doors that conventional keeps closed.
Your $750,000 loan exceeds the standard FHA cap. Fairfield qualifies as a high-cost area, so FHA can go higher here than the typical limit.
Conventional loans at this price typically require 10–20% down and a 700+ FICO. FHA's 3.5% down and 580 FICO floor are more forgiving.
Conventional at 20% down carries no PMI and usually a slightly lower rate. FHA's insurance premium adds cost, but you keep more cash at closing.
Fairfield High School's recent incidents have drawn attention to school safety and district operations. For families, that means scrutinizing school climate as part of the home-buying decision.
The California Forever development debate between Suisun City and Rio Vista signals ongoing growth in Solano County. Long-term, regional investment can support home values.
FHA lending in California remains steady, with lenders competing on rates and closing speed. Fairfield's high-cost-area status keeps FHA competitive above the standard limit.
Solano County's median household income of $99,994 supports FHA borrowers in the $700,000–$800,000 range. That income-to-price ratio makes FHA attractive for local buyers.
At 5.875% on a $750,000 FHA loan (740 FICO, 96.5% LTV, 30-year fixed), principal and interest run $4,437 per month. Add property tax, insurance, and MIP for total housing cost.
No. FHA requires only 3.5% down. Mortgage insurance (MIP) applies for the life of the loan if you put down less than 10%.
Yes. FHA's floor is 580 FICO, so 650 qualifies. Lenders often prefer 640+ for the best rates, but 650 puts you in a competitive position.
The 2026 FHA limit for Solano County is $685,400. Your purchase exceeds that, but Fairfield qualifies as a high-cost area. Confirm with your lender that your property qualifies.
Typical FHA closing runs 30–45 days. Appraisals take 7–10 days, underwriting 5–10 days, and final review another 3–5 days.