Question 1

What is the conforming loan limit in Kern County for 2026?

Accepted Answer

The 2026 conforming limit is $832,750. VA loans also cap at that amount. FHA loans max out at $541,287.

Question 2

Is Kern County an FHA high-cost area?

Accepted Answer

No. Kern County is not designated as an FHA high-cost area. Standard FHA limits apply at $541,287.

Question 3

Is Kern County a VA high-cost area?

Accepted Answer

No. Kern County is not a VA high-cost area. VA loans follow the standard conforming limit of $832,750.

Question 4

How much do I need to put down on a conventional loan?

Accepted Answer

Conventional loans typically require 5% to 20% down. At 20% down, you avoid PMI entirely. Below 20%, PMI applies until you reach 78% LTV.

Question 5

What credit score do I need to qualify for a mortgage?

Accepted Answer

Most conventional loans require 620+ FICO. FHA loans accept 580+ FICO with 3.5% down. VA loans typically expect 580+ FICO.

Question 6

Do I need PMI on a conventional loan?

Accepted Answer

Yes, if you put down less than 20%. PMI cancels automatically at 78% LTV. You can request cancellation at 80% LTV.

Question 7

What is the FHA loan limit in Kern County?

Accepted Answer

The 2026 FHA limit in Kern County is $541,287. FHA requires 3.5% down minimum with 580+ FICO. Mortgage insurance runs for life if down payment is under 10%.

Question 8

Can I get a VA loan with zero down?

Accepted Answer

Yes. VA loans allow zero down for eligible veterans, active duty, and surviving spouses with a Certificate of Eligibility. A funding fee replaces PMI.

Question 9

How does the Back 2 School event affect the Mcfarland market?

Accepted Answer

The annual Back 2 School backpack drive signals strong community investment in families. Schools with active support programs appeal to buyers with children.

Question 10

What is the VA funding fee?

Accepted Answer

The VA funding fee is 2.15% at zero down on your first use. Subsequent VA loans cost 3.3%. Veterans with 10%+ disability rating are exempt.

Question 11

Can I refinance an FHA loan to conventional later?

Accepted Answer

Yes. Once you build equity and your credit improves, refinancing to conventional can eliminate mortgage insurance. Timing depends on your LTV and rates.

Question 12

What does it take to qualify for an FHA loan?

Accepted Answer

FHA requires 3.5% down, 580+ FICO, and debt-to-income typically under 43%. Mortgage insurance runs for life if down payment is under 10%.

Question 13

Are jumbo loans available above the conforming limit?

Accepted Answer

Yes. Jumbo loans above $832,750 are available but typically require 700+ FICO, 20% down, and 6-12 months reserves. Rates usually run 0.125% to 0.5% higher.

Question 14

How does Kern County's median income affect my qualification?

Accepted Answer

Kern County's median household income is $67,660. Lenders use this as a benchmark for income-based programs like USDA loans. USDA caps household income at area-specific thresholds.

Mcfarland mortgage questions answered