If you're a homebuyer in Santa Clarita looking to utilize an FHA loan, you should know that not every condo community in Santa Clarita is FHA approved. Which means that you can't utilize an FHA loan in those which have yet to gain FHA approval. Some of your favorite condo communities in Santa Clarita may be those which you can't buy in, if you need an FHA loan. FHA loans are very popular amongst homebuyers that like the flexibility they provide, with their lower down payment requirements of 3.5%, and liberal credit score standards. They are especially great for first-time homebuyers, and those with limited budgets.
Santa Clarita offers a wide variety of condo and townhome communities.
If you're in the hunt for a Santa Clarita condo, and an FHA loan is a must, then let this list be your friend! Thank you to our friends at Augusta Financial for putting this list together. It continually needs updating, as new communities tend to be added frequently. New communities such as the very popular Mariposa at Plum Canyon, which were just approved several days ago. I can't tell you how many homebuyers we have helped, that wanted to live in the Mariposa at Plum Canyon community, but were overcome with disappointment when they learned they couldn't, unless they were able to do a conventional loan, which usually requires a much larger down payment, than the standard 3.5% of the FHA loan.
Be sure to contact us with any of your questions, regarding Santa Clarita real estate, FHA loans, and any of the communities you have an interst in. We're here to help you!
Without further delay, here is the current list of approved FHA communities in Santa Clarita:
APPROVED FHA CONDOS IN SANTA CLARITA (click link or view below)