Question 1

Is Rohnert Park eligible for USDA loans?

Accepted Answer

Parts of Rohnert Park may qualify. USDA eligibility is map-based. Run the address through USDA's eligibility tool or ask us to check it for you.

Question 2

What credit score do I need for each loan?

Accepted Answer

FHA requires 580 for 3.5% down. USDA typically requires 640 with most lenders, though the program minimum is lower.

Question 3

Does USDA have a loan limit in Sonoma County?

Accepted Answer

USDA doesn't publish hard loan limits the same way FHA does. Your income and debt load determine your max loan amount.

Question 4

Which loan has lower monthly mortgage insurance?

Accepted Answer

USDA's annual fee is generally lower than FHA's MIP. For most borrowers, USDA wins on monthly cost if they qualify.

Question 5

Can I use either loan for a fixer-upper?

Accepted Answer

FHA has a rehab version called the 203k. USDA does not allow significant repair financing the same way. FHA is the better fit for fixer-uppers.

Question 6

Do both loans allow gift funds for closing costs?

Accepted Answer

Yes. Both FHA and USDA allow gift funds to cover closing costs. USDA buyers can also roll closing costs into the loan if the home appraises high enough.

FHA vs USDA Loans in Rohnert Park, CA