Question 1

What's the conforming loan limit in Fresno County?

Accepted Answer

The 2026 conforming limit for Fresno County is $832,750. Loans above that amount are jumbo and carry tighter underwriting.

Question 2

What's the median home price in Fresno right now?

Accepted Answer

Fresno's median home price is $405,000 as of late August 2026. Homes are spending about 45 days on the market.

Question 3

How much do I need to put down to buy in Fresno?

Accepted Answer

Down payment requirements depend on the loan program you choose. Ask SRK CAPITAL which program's guidelines fit your file.

Question 4

Is Fresno County an FHA high-cost area?

Accepted Answer

No. Fresno County is not an FHA high-cost area. The standard FHA limit of $541,287 applies here.

Question 5

Is Fresno County a VA high-cost area?

Accepted Answer

No. Fresno County is not a VA high-cost area. VA loans can go up to $832,750 without a down payment for eligible veterans.

Question 6

How does PMI work on a conventional loan?

Accepted Answer

PMI applies when your down payment is below 20%. PMI cancels automatically at 78% loan-to-value under the Homeowners Protection Act.

Question 7

How long does it take to close on a home in Fresno?

Accepted Answer

SRK CAPITAL closes in 17 to 21 days on a standard file. When expedited, we close in 10 days.

Question 8

What does FHA mortgage insurance cost?

Accepted Answer

FHA mortgage insurance runs for the life of the loan when your down payment is under 10%. At 10% down or more, it cancels after 11 years.

Question 9

Can I get a VA loan if I'm not 100% disabled?

Accepted Answer

Yes. VA loans are available to eligible veterans, active-duty service members, and surviving spouses with a Certificate of Eligibility. VA funding fees apply unless you have a 10% or higher disability rating.

Question 10

What's the difference between a broker and a bank for home loans?

Accepted Answer

Brokers like SRK CAPITAL shop your loan across multiple lenders to find the best rate and terms. Banks typically offer only their own products.

Question 11

How does debt-to-income ratio affect my loan approval?

Accepted Answer

Lenders compare your monthly debt payments against your gross monthly income. Ask SRK CAPITAL about the specific DTI limits for your loan program.

Question 12

What's happening in Fresno's real estate market right now?

Accepted Answer

Fresno's Tower District hosts Porchfest each year with 400+ performances across 100+ porch venues. The restaurant scene is booming with at least 17 new establishments in development.

Question 13

Should I lock my rate when I apply?

Accepted Answer

A rate lock protects you from rate increases while your loan is processing. Ask your SRK CAPITAL Loan Advisor about lock periods available for your file.

Question 14

What documents do I need to get approved?

Accepted Answer

Standard documents include recent pay stubs, W-2s, tax returns, and bank statements. Self-employed borrowers may need profit-and-loss statements or business tax returns.

Fresno home loan questions answered

Ready to move on a home in Fresno?