Question 1

What is the FHA loan limit in Solano County?

Accepted Answer

Solano County has its own FHA loan limit set annually by HUD. Ask us for the current figure — limits adjust each year.

Question 2

Can I use FHA to buy a duplex in Vacaville?

Accepted Answer

Yes, FHA allows 2-4 unit properties if you live in one unit. Rental income from other units can help you qualify.

Question 3

How much does FHA mortgage insurance cost?

Accepted Answer

Upfront MIP is 1.75% of the loan amount. Annual MIP runs 0.55% on most 30-year loans. Rates vary by borrower profile and market conditions.

Question 4

Will Vacaville sellers accept FHA offers?

Accepted Answer

Some sellers hesitate on FHA due to appraisal requirements. A strong pre-approval letter and clean offer terms help compete.

Question 5

Can I refinance out of FHA later?

Accepted Answer

Yes. Once you have 20% equity and solid credit, refinancing to conventional removes monthly MIP entirely.

Question 6

What credit score do I actually need in practice?

Accepted Answer

FHA allows 500, but most lenders we work with want 580+. Some approve 560+ with strong income and reserves.

FHA Loans in Vacaville, CA — Low Down, Real Approval