FHA Loans FAQ

For 2025, FHA loan limits in most California counties range from $498,257 to $1,149,825. In high-cost areas like Los Angeles and Orange County, the limit is $1,149,825. Riverside and San Bernardino counties have a limit of $766,550. These limits are updated annually based on local median home prices.

The minimum credit score for an FHA loan with 3.5% down payment is 580. If your credit score is between 500-579, you'll need to put down 10%. Many California lenders prefer scores of 620+ for the best rates and terms.

FHA loans require as little as 3.5% down payment if your credit score is 580 or higher. For a $600,000 home (typical in California), that's $21,000 down payment. You can use gift funds from family members for your down payment and closing costs.

Yes, you can use FHA loans to purchase condominiums in California, but the condo project must be FHA-approved. Many California condo complexes are on the FHA approved list. Your lender can verify if a specific condo project is eligible.

California's Proposition 13 limits property tax increases to 2% per year, which helps keep your mortgage payments predictable over time. This is especially beneficial for FHA borrowers who plan to stay in their homes long-term, as property taxes won't increase dramatically.

California offers several programs that work with FHA loans: CalHFA MyHome Assistance Program (up to $10,000), California Dream For All Program (up to 20% assistance), and local city/county programs. These can significantly reduce your out-of-pocket costs.