Question 1

Is Fillmore eligible for USDA loans?

Accepted Answer

Much of Fillmore falls within USDA-eligible zones. Confirm the specific address before proceeding — eligibility can vary by parcel.

Question 2

What are the USDA income limits for Ventura County?

Accepted Answer

USDA sets income limits by household size for each county. Check the USDA eligibility map or ask us to pull the current limit for your household.

Question 3

Can I use FHA if I don't meet USDA income limits?

Accepted Answer

Yes. FHA has no income ceiling. It's the most straightforward option if you earn too much for USDA but still need a low down payment.

Question 4

Which loan has lower mortgage insurance costs?

Accepted Answer

USDA typically carries lower annual mortgage insurance than FHA. Rates vary by borrower profile and market conditions — run both scenarios before deciding.

Question 5

Do both loans require mortgage insurance?

Accepted Answer

Yes, both do. FHA charges 1.75% upfront and an annual premium. USDA charges 1% upfront and 0.35% annually.

Question 6

What credit score do I need for each loan?

Accepted Answer

FHA allows scores as low as 500 with 10% down, or 580 with 3.5% down. Most USDA lenders want a 640 or higher.

FHA vs USDA Loans in Fillmore, CA: Which One Wins?