Question 1

What is the FHA loan limit for Sonoma County?

Accepted Answer

FHA sets loan limits by county each year. Check current Sonoma County limits with us directly — they update annually and affect your max purchase price.

Question 2

Can I use FHA to buy a fixer-upper in Cloverdale?

Accepted Answer

Yes, the FHA 203k loan covers purchase and renovation in one loan. The property still must meet minimum safety standards at closing.

Question 3

Does FHA work for self-employed buyers?

Accepted Answer

Yes. FHA accepts self-employment income with two years of tax returns. Lenders average your net income — write-offs reduce qualifying income.

Question 4

How long does FHA approval take in Cloverdale?

Accepted Answer

Typical FHA closings run 30–45 days. Rural properties with well and septic add time for required inspections.

Question 5

Can I get rid of FHA mortgage insurance?

Accepted Answer

Not on the FHA loan itself if you put less than 10% down. You'd refinance into a conventional loan once you have enough equity.

Question 6

Is Cloverdale eligible for USDA loans instead of FHA?

Accepted Answer

Parts of Cloverdale may qualify for USDA's zero-down program. It's worth checking eligibility before committing to FHA.

FHA Loans in Cloverdale, CA — Low Down, Real Path to Ownership