- 01. Who It's For
- 02. Benefits
- 03. Eligibility
Is a San Diego FHA Loan Right for You?
Worried about a low credit score or not affording a large down payment? An FHA loan might be right for you. With less strict requirements, you may be able to qualify more easily.
San Diego FHA Loan Eligibility Requirements
- Credit score higher than 500
- Ability to cover 3.5% down payment
- Reasonable debt-to-income ratio
- Home must be the borrower’s primary residence
How much can I afford to borrow?
The FHA may limit how much you can borrow, but this will depend on your circumstances. We’re happy to help you find the right options. Get in touch with National Home Loans today!
How will I know if the condo/townhome I want to buy is eligible for FHA financing?
This link will allow you to enter your zip code for a list of eligible properties.
How much do I need to pay monthly?
This may vary depending on your situation, but FHA loans typically have modest monthly payments.
I shopped around a bit for a broker, and was referred to John by a coworker. He was by far the most personable, professional, and proactive broker that I interacted with. He promised me that he was doing everything he could to protect my family's money and get us into a house that we love, and he did. The bottom line is he got us our desired results, he offered great advice, and he earned my trust and confidence. I would recommend his services to anyone looking for a knowledgeable and passionate mortgage broker.
Have been working with John for a couple months now; he is very patient and understands our needs as first time home buyers. John has been amazing and answers all our questions, I think we have found our long time broker. He has the clients best interest in mind which is very refreshing. A++
John is great at what he does, especially for first time homebuyers. He is willing to go the extra mile for his clients and will explain exactly what he's doing along the way. I'm so glad we were able to work with him and I highly recommend him.
Beyond grateful to have been referred to John G. right after getting our offer accepted on a home. We would not have been able to do it without him. He secured us a great rate, which was a game changer in our decision to purchase. It was our first home purchase, and he helped us navigate every single thing, and was extremely responsive and available to chat when we needed him. The entire escrow process was smoother and quicker than we could have ever hoped for. He was a pleasure to work with, and we hope to continue to work with him in the future.