FHA Loans · Contra Costa County · East Bay California
FHA loans make homeownership accessible — even with a 580 credit score. Marisela Argenal guides East Bay families from pre-approval to keys.
Book a Free 30-Minute Consultation2026 Loan Limit: $805,000 · 580+ Credit Score · 3.5% Down · NMLS #293939 · CalDRE #01501844
Understanding FHA
FHA loans are insured by the Federal Housing Administration — a division of HUD — which allows lenders to offer more favorable terms to buyers who may not meet conventional loan standards. Because the government backs the loan, lenders can accept lower credit scores and smaller down payments than they would otherwise allow.
The primary trade-off is mortgage insurance: FHA loans require both an upfront mortgage insurance premium (UFMIP) of 1.75% of the loan amount, and an annual MIP that is typically 0.55%–0.85% of the loan balance. For buyers who cannot qualify for a conventional loan, the access FHA provides far outweighs this cost — and Marisela will calculate the exact comparison for your specific numbers.
Loan Requirements
These are the core FHA requirements for Contra Costa County borrowers. Marisela will review your specific situation and confirm which tier you fall into.
Service Area
Marisela Argenal serves the entire Contra Costa County area for FHA mortgage origination. Whether you're buying in the hills of Walnut Creek or in the growing communities of East Contra Costa, she brings the same expertise and bilingual service to every transaction.
Marisela's office is located at 1210 Alhambra Ave Suite A, Martinez, CA 94553. She conducts consultations in person, by phone, and by video — in English and Spanish. Call (415) 424-2432 or book online at your convenience.
Common Questions
How It Works
Every FHA loan follows the same fundamental process. Marisela manages each step and keeps you informed throughout, in English or Spanish.
Marisela reviews your income, credit, and down payment funds. You receive a pre-approval letter in 1–3 business days, ready for home shopping.
Shop with confidence knowing your maximum purchase price. Marisela can also assist as your buyer's agent in Contra Costa County.
An FHA-approved appraiser confirms property value and that the home meets HUD's minimum property standards. Marisela prepares you for what to expect.
The lender's underwriter reviews your full file. Marisela coordinates all conditions and keeps the transaction on schedule.
Sign your closing documents, pay your down payment and closing costs, and receive your keys. Most FHA closings complete in 30–45 days from application.
Book a free 30-minute consultation with Marisela Argenal. She'll confirm your FHA eligibility, calculate your exact down payment and monthly payment, and issue your pre-approval letter — in English or Spanish.
