FHA Loans in Bakersfield, CA
FHA loans are one of the most flexible mortgage programs available — low down payments, relaxed credit standards, and competitive rates. Dream House Lending makes the process simple for Bakersfield buyers.
Why Choose an FHA Loan?
Down payment as low as 3.5% for qualifying buyers
More lenient credit score requirements than conventional loans
Seller can contribute up to 6% toward closing costs
Available for single-family homes, condos, and multi-unit properties
Fixed and adjustable-rate options available
Great for first-time buyers and repeat buyers alike
FHA Loan FAQs for Bakersfield Buyers
What credit score do I need for an FHA loan in Bakersfield?
Most FHA lenders require a minimum 580 credit score for the 3.5% down payment option. Scores between 500–579 may qualify with 10% down. We'll review your full profile and find the best path forward.
How much can I borrow with an FHA loan in Kern County?
FHA loan limits in Kern County are updated annually by HUD. Contact us for the current conforming limit and to find out how much you may qualify for based on your income and debts.
Can I use an FHA loan to buy a multi-unit property?
Yes — FHA loans allow you to purchase 2–4 unit properties as long as you occupy one of the units as your primary residence. This is a great strategy for house hacking in Bakersfield.
What's the FHA mortgage insurance premium (MIP)?
FHA loans require an upfront MIP of 1.75% of the loan amount (typically financed into the loan) plus an annual MIP paid monthly. The rate depends on your loan term and down payment amount.
Ready to Get Started?
Call us at (661) 454-7700 or schedule a free 15-minute call to discuss your FHA loan options.