Government-backed financing with flexible credit requirements and low down payment options — a popular path for first-time buyers.
FHA loans are insured by the Federal Housing Administration, which lets lenders offer more flexible qualifying standards than conventional financing.
They are for primary residences and carry mortgage insurance, which we factor into every comparison so you see the full cost.
We'll show you FHA side by side with conventional options, so you can see which one actually costs less for your situation.
FHA sets the most it will insure county by county. For a one-unit home in Stanislaus County, HUD's 2026 limit is $545,100, and HUD updates it every January.
For context, the median value of owner-occupied homes in Modesto is $442,700, according to the Census Bureau's 2020–2024 American Community Survey.
An FHA loan is for the home you will live in, and the property has to meet FHA's standards, which an FHA-approved appraiser checks.
Every borrower’s situation is different, so the right next step is a conversation about your income, savings and timeline.
Sources: U.S. Census Bureau, American Community Survey 2020–2024; HUD 2026 FHA limits; FHFA 2026 conforming limits. Loan limits are for Stanislaus County, where most of Modesto’s residents live.
FHA loans often suit first-time buyers, buyers with modest savings, and borrowers whose credit history has a few marks on it. The home must be your primary residence.
FHA's 2026 maximum for a one-unit home in Stanislaus County is $545,100. Within that, your own approval depends on your income, debts and the property.
Yes, if the condo project is FHA-approved or the unit qualifies for a single-unit approval. Your loan officer can check a specific building before you make an offer.
It depends on your credit, savings and plans for the home. We compare both side by side so you can see the trade-offs for your situation.
Send a few details about what you’re planning and we’ll follow up. There is no obligation.
David Young, NMLS #62043, CA DRE #01371572. Lendwise Mortgage, NMLS #2702455. NMLS Consumer Access.
David Young, CA DRE Broker Associate #01371572, NMLS #62043. Loans arranged through Lendwise Mortgage, Inc., California Department of Real Estate Corporation License #02282825, NMLS #2702455.
This is not a commitment to lend. All loans are subject to credit approval, underwriting and property eligibility. Equal Housing Opportunity.