Question 1

What is the FHA loan limit in Kern County?

Accepted Answer

Kern County follows the standard conforming FHA limit. Taft home prices typically fall well below that ceiling, so limits rarely restrict buyers here.

Question 2

Can oil field workers qualify for FHA in Taft?

Accepted Answer

Yes. W-2 oil field income qualifies well. Overtime counts if you have a two-year consistent history with the same employer or field.

Question 3

Does FHA work for manufactured homes in Taft?

Accepted Answer

FHA does finance manufactured homes, but the property must meet specific HUD standards. Not every lender handles these — we know which ones do.

Question 4

How much is FHA mortgage insurance?

Accepted Answer

FHA charges an upfront MIP of 1.75% plus an annual premium. It stays for the loan's life if you put less than 10% down.

Question 5

Can I use FHA if I've had a past bankruptcy?

Accepted Answer

Chapter 7 requires a two-year waiting period after discharge. Chapter 13 may qualify after one year of on-time plan payments with court approval.

Question 6

Is Taft a good market to use FHA versus USDA?

Accepted Answer

FHA works on any property in town. USDA requires rural eligibility — worth checking for properties on Taft's outer edges where zones may apply.

FHA Loans in Taft, CA — Low Down, Real Approval