Question 1

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

Accepted Answer

The conforming limit is $832,750. Loans above that are jumbo loans. Jumbo lenders typically require 20% down and 700+ FICO.

Question 2

Is San Bernardino County an FHA high-cost area?

Accepted Answer

Yes. The FHA limit here is $690,000, higher than the national floor. This gives FHA borrowers more purchasing power in Chino Hills.

Question 3

Can I get a VA loan with zero down in Chino Hills?

Accepted Answer

Yes. VA loans allow zero down for eligible veterans and active-duty service members. You'll pay a 2.15% funding fee at zero down on first use.

Question 4

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

Accepted Answer

You need 20% down (80% LTV) to skip PMI entirely. Below 20% down, PMI applies. PMI cancels automatically when you hit 78% LTV.

Question 5

What credit score do I need for a conventional loan?

Accepted Answer

Most lenders want 640+ FICO for conventional loans. Jumbo loans typically require 700+. Higher scores bring better rates and terms.

Question 6

How does the Ontario International Airport expansion affect Chino Hills?

Accepted Answer

The ONT BOLD expansion project is underway nearby. Infrastructure improvements can support long-term property appreciation. Proximity matters for commuters and logistics workers.

Question 7

What's the FHA down payment minimum?

Accepted Answer

FHA allows 3.5% down with a 580+ FICO score. You'll pay 1.75% upfront mortgage insurance. Annual MIP continues for life if down payment is under 10%.

Question 8

Do I need to sell my current home before buying in Chino Hills?

Accepted Answer

No. Bridge loans and contingent offers let you buy before selling. Lenders will qualify you on both properties if you have sufficient income.

Question 9

What's the VA funding fee and can it be waived?

Accepted Answer

The funding fee is 2.15% at zero down on first purchase. It rolls into the loan. A 10%+ VA disability rating exempts you entirely.

Question 10

How much income do I need to qualify in San Bernardino County?

Accepted Answer

Lenders typically use a 43% debt-to-income ratio. On $82,184 median income, that supports roughly $1,400 monthly debt. Approval depends on credit, assets, and employment.

Question 11

What's the difference between FHA and conventional?

Accepted Answer

FHA requires 3.5% down and accepts lower credit scores. Conventional wants 5-20% down and 640+ FICO. FHA has lifetime mortgage insurance if down payment is under 10%.

Question 12

Can I refinance an FHA loan to conventional later?

Accepted Answer

Yes. Once you build equity and improve credit, a conventional refinance removes FHA mortgage insurance. Many borrowers refinance after 2-3 years.

Question 13

What happens if I put down less than 5% on a conventional loan?

Accepted Answer

PMI applies and is typically higher than at 5-10% down. Your rate may also be slightly higher. Most lenders prefer 5% minimum.

Chino Hills mortgage questions answered