Question 1

What is the FHA loan limit for Yolo County?

Accepted Answer

FHA loan limits are set by county and updated annually. Check HUD's current limit for Yolo County before making an offer on a Woodland home.

Question 2

Can I use FHA to buy a duplex in Woodland?

Accepted Answer

Yes. FHA allows 2-4 unit properties if you occupy one unit as your primary residence. Rental income from other units can help qualify.

Question 3

How long does FHA mortgage insurance last?

Accepted Answer

With less than 10% down, MIP stays for the life of the loan. You can refinance into conventional later to remove it once you have enough equity.

Question 4

Does FHA work if I'm self-employed in Woodland?

Accepted Answer

Yes, but you need two years of self-employment history and tax returns showing stable income. Lenders average your last two years of net income.

Question 5

Will FHA cover a fixer-upper in Woodland?

Accepted Answer

A standard FHA loan requires the home to meet minimum property standards. For major repairs, look at the FHA 203k rehab loan instead.

FHA Loans in Woodland, CA — Low Down, Real Approval