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FHA Loans in Cotati
What's the monthly payment on a $750,000 FHA loan at today's rate?
At 5.875% interest on a $750,000 loan, principal and interest run $4,437 per month. Add property taxes, insurance, and mortgage insurance for your total payment.
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Cotati sits in Sonoma County where the median household income is $102,840. At 5.875% interest, a $750,000 FHA loan carries a $4,437 monthly payment for principal and interest.
Graton Resort & Casino's new rooftop restaurant AYA signals ongoing investment in the county. For buyers entering now, FHA's 3.5% down keeps more cash for closing costs and reserves.
5.875%
Interest Rate
$4,437
Monthly P&I
580
Minimum FICO
3.5% minimum
Down Payment
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FHA requires a 580 FICO minimum, though most lenders prefer 640 or higher. A 3.5% down payment is the floor; 10% down lets mortgage insurance cancel after 11 years.
At $102,840 county median income, a household can support a $750,000 FHA purchase. The upfront mortgage insurance premium is 1.75% of the loan amount, rolled into the loan balance.
Local decision guide
Use this guide to connect fha loans eligibility, lender expectations, and local market factors before comparing payment options in Cotati.
Cotati sits in Sonoma County where the median household income is $102,840. At 5.875% interest, a $750,000 FHA loan carries a $4,437 monthly payment for principal and interest.
Graton Resort & Casino's new rooftop restaurant AYA signals ongoing investment in the county. For buyers entering now, FHA's 3.5% down keeps more cash for closing costs and reserves.
FHA requires a 580 FICO minimum, though most lenders prefer 640 or higher. A 3.5% down payment is the floor; 10% down lets mortgage insurance cancel after 11 years.
Rate check
Tell us the price range, down payment and credit range you are working with. We compare every lender we work with and show you the options side by side.
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FHA loans in California move through retail banks and mortgage brokers. Brokers often offer faster underwriting and more flexible overlays than retail lenders.
Typical FHA closings run 17 to 21 days from application to funding. Appraisals are required and must meet FHA property standards.
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FHA makes sense in Cotati when you have limited savings but solid income. The 3.5% down keeps cash in reserve; the tradeoff is lifetime mortgage insurance below 10% down.
Above the $897,000 FHA limit for 2026, conventional jumbo loans take over. Below that, FHA and conventional rates run close enough that down payment and credit drive the choice.
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Conventional loans at 5% down require PMI but it cancels at 78% LTV. FHA mortgage insurance runs for life unless you refinance, but the credit floor is lower.
VA loans offer zero down with no mortgage insurance for eligible veterans. For non-veterans with modest savings, FHA's 3.5% down and lower credit floor make it faster.
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West Sonoma County Union High School District is cutting arts programs due to enrollment pressures. For families with school-age children, this signals tighter district resources.
The Junction beer garden and AYA rooftop restaurant represent new dining options in the county. These additions support property values in walkable areas near Santa Rosa.
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FHA lending in California remains steady as buyers with limited down payment savings seek alternatives to conventional. Brokers compete on speed and flexibility, with most closings hitting 17 to 21 days.
Sonoma County's median household income of $102,840 supports FHA purchases up to the 2026 limit of $897,000. Lenders focus on debt-to-income ratios and compensating factors when credit is below 640.
FAQ
At 5.875% interest on a $750,000 loan, principal and interest run $4,437 per month. Add property taxes, insurance, and mortgage insurance for your total payment.
Yes — FHA requires only 3.5% down minimum. Mortgage insurance runs for life if you put down less than 10%; with 10%+ down, it cancels after 11 years.
FHA's minimum is 580 FICO, but most lenders prefer 640 or higher for better rates.
Yes. Refinancing into a conventional loan at 80% LTV or higher lets you skip mortgage insurance entirely. Build equity first, then refinance when rates align.
Programs for first-time buyers that allow lower down payments and more forgiving credit and income rules.
Explore refinancing options to lower your rate, tap equity, or switch loan terms.
SRK CAPITAL in Sonoma County
Our team of licensed mortgage brokers works Sonoma County every week. Tell us where you are in the process and we will map out the loan, the timeline and the money you need at closing, with no obligation.
What working with us looks like
Licensed mortgage brokers
You talk with a broker, not a call center, from the first question to closing day.
17-21 day typical close
Most purchase loans close in 17-21 days once your paperwork is in.
Every county in California
We work across the state, including Sonoma County, so local limits and rules are already familiar.
Financing solutions for rental properties, fix-and-flip projects, and real estate portfolios.
Mortgage programs with alternative income documentation for business owners and freelancers.
Federally insured or guaranteed programs (FHA, VA, USDA) that let lenders accept lower credit scores and smaller down payments.
Traditional mortgage options meeting standard lending guidelines with various term structures.
Alternative lending programs for borrowers who need flexible documentation or unique loan structures.
Side-by-side comparisons to help you choose the right mortgage program.
This page is for educational purposes only and does not constitute financial, legal, or tax advice. Mortgage rates, terms, and program availability can change and vary by borrower and property. Consult a licensed mortgage professional for guidance on your scenario.