Question 1

What's the conforming loan limit in San Bernardino County for 2026?

Accepted Answer

The 2026 conforming limit is $832,750. Loans above this amount are jumbo loans, which typically require 20% down and a 700+ FICO score.

Question 2

Can I get an FHA loan in Barstow?

Accepted Answer

Yes. FHA loans in San Bernardino County cap at $690,000 since Barstow is a high-cost area. You need 3.5% down and a 580+ FICO score.

Question 3

Is Barstow a good market for VA loans?

Accepted Answer

Yes. VA loans reach $832,750 in San Bernardino County with zero down for eligible veterans. No funding fee applies if you have a 10%+ VA disability rating.

Question 4

What credit score do I need to buy in Barstow?

Accepted Answer

Conventional loans typically require 620+ FICO. FHA accepts 580+ FICO. VA loans have no hard floor but most lenders prefer 620+. Higher scores get better rates.

Question 5

How much down payment do I need?

Accepted Answer

Conventional loans need 3% to 20% down. FHA requires 3.5% minimum. VA allows zero down. USDA loans offer zero down in eligible rural areas.

Question 6

What does PMI cost on a conventional loan?

Accepted Answer

PMI typically runs 0.5% to 1.5% annually on the loan amount. It cancels automatically at 78% LTV and can be requested at 80% LTV.

Question 7

Do I need to sell my current home first?

Accepted Answer

No. Many buyers carry two mortgages temporarily. Lenders will count your current mortgage payment when qualifying you. Significant equity strengthens your application.

Question 8

How long does closing take in Barstow?

Accepted Answer

Most closings take 30 to 45 days from application to funding. Appraisals and title work are the main timeline drivers. Rush closings are possible for an extra fee.

Question 9

What's the income requirement to qualify?

Accepted Answer

Debt-to-income ratio matters more than absolute income. Most lenders cap DTI at 43% to 50%. San Bernardino County's median household income of $82,184 supports typical purchases.

Question 10

How does the Ontario Airport expansion affect Barstow property values?

Accepted Answer

The ONT BOLD expansion project is attracting regional growth and new residents. Proximity to improved transportation infrastructure can support long-term property appreciation.

Question 11

What's the difference between FHA and VA loans?

Accepted Answer

VA loans offer zero down and no PMI. FHA requires 3.5% down and mortgage insurance for the life of the loan if down payment is under 10%. VA is only for eligible service members.

Question 12

Can I refinance an FHA loan later?

Accepted Answer

Yes. FHA Streamline refinances let you skip the appraisal and income verification. You need at least 6 months of on-time payments and a 0.5% rate reduction.

Question 13

What closing costs should I expect?

Accepted Answer

Closing costs typically run 2% to 5% of the loan amount. They include appraisal, title insurance, underwriting, and escrow fees. Your lender will provide an estimate within 3 business days.

Question 14

Are there first-time buyer programs in Barstow?

Accepted Answer

California offers down-payment assistance programs and tax credits for first-time buyers. FHA loans with 3.5% down are also popular. Ask your lender about local and state programs.

Barstow mortgage questions answered