FHA Loans Bakersfield
Purchase your first home or refinance with as little as 3.5% down — even if you've had credit challenges in the past. FHA loans are one of the most flexible mortgage programs available.
3.5%
Minimum Down Payment
580+
Min. Credit Score
57%
Max Debt-to-Income
$524,225
Loan Limit (Kern Co.)
Key Benefits
Low 3.5% Down Payment
With a 580+ credit score, you can purchase a home with just 3.5% down — much less than conventional loan requirements.
Flexible Credit Guidelines
Credit scores as low as 580 may qualify with 3.5% down. Borrowers with scores between 500–579 may still qualify with 10% down.
Gift Funds Allowed
Your entire down payment can come from a gift from a family member, making it easier for buyers with limited savings.
Higher Debt-to-Income Ratio
FHA allows a higher DTI than conventional loans, which means more buyers can qualify even with existing debt obligations.
Seller Can Cover Closing Costs
Sellers can contribute up to 6% of the purchase price toward your closing costs, reducing your out-of-pocket expenses.
Works for Condos & Multi-Unit Homes
FHA loans can be used on single-family homes, approved condos, townhomes, and 2–4 unit properties (as your primary residence).
Is This Loan Right for You?
- First-time home buyers with limited savings
- Buyers with credit scores of 580 or higher
- Borrowers recovering from past credit issues
- Those who want to minimize their down payment
- Buyers receiving down payment gift funds from family
- Bakersfield area home buyers on a budget
Ready to See If You Qualify?
Our team will review your situation and tell you exactly which programs you qualify for — no cost, no commitment.
Check My EligibilityFrequently Asked Questions
Let's Get You Pre-Approved
Dream House Lending serves home buyers across Bakersfield and the Central Valley. We're ready to guide you from start to close.