Question 1

Can I use FHA for a duplex in Modesto?

Accepted Answer

Yes, FHA covers 1-4 unit properties as long as you live in one unit. Investment-only properties don't qualify.

Question 2

What credit score do I actually need in Stanislaus County?

Accepted Answer

FHA minimums are 580, but most lenders we work with want 600+ for smooth approvals. Manual underwriting works below that.

Question 3

How much is FHA mortgage insurance in Modesto?

Accepted Answer

1.75% upfront plus 0.55%-0.85% annually depending on loan amount and down payment. We calculate exact costs at application.

Question 4

Do Modesto sellers accept FHA offers?

Accepted Answer

Most do. FHA appraisals rarely differ from conventional unless the property needs major repairs like roof or foundation work.

Question 5

Can I buy a fixer-upper with FHA?

Accepted Answer

Standard FHA requires the home to be move-in ready. FHA 203k renovation loans let you finance repairs, but not all lenders offer them.

FHA Loans in Modesto: 3.5% Down Gets You Into a Home