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 that amount require jumbo financing, which typically demands 20% down and stronger credit.

Question 2

Is San Bernardino County an FHA high-cost area?

Accepted Answer

Yes. Chino is in an FHA high-cost area, so the 2026 FHA limit here is $690,000 instead of the standard cap.

Question 3

What's the minimum down payment for an FHA loan in Chino?

Accepted Answer

FHA requires 3.5% down with a 580+ FICO score. You'll also pay upfront mortgage insurance of 1.75% of the loan amount.

Question 4

How long does FHA mortgage insurance last?

Accepted Answer

If you put down less than 10%, mortgage insurance runs for the life of the loan. With 10% or more down, it cancels after 11 years.

Question 5

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

Accepted Answer

Yes. VA loans offer zero-down financing for eligible veterans, active duty, and surviving spouses with a Certificate of Eligibility.

Question 6

What's the VA funding fee on a zero-down loan?

Accepted Answer

The funding fee is 2.15% of the loan amount on your first VA purchase. Subsequent VA loans cost 3.3% unless you have a 10%+ VA disability rating.

Question 7

Do I need 20% down to avoid PMI on a conventional loan?

Accepted Answer

Yes. At 20% down (80% LTV), you skip PMI entirely. Below 20%, PMI applies until you hit 78% LTV or request cancellation at 80%.

Question 8

What credit score do I need for a conventional loan?

Accepted Answer

Most lenders want 620+ FICO for conventional financing. Stronger credit (740+) typically qualifies for better rates and terms.

Question 9

How does San Bernardino County's median income affect my loan approval?

Accepted Answer

Lenders use your household income, not the county median. However, the county's $82,184 median shows what typical local buyers earn and can support.

Question 10

Are VA loans available in Chino up to the conforming limit?

Accepted Answer

Yes. VA loans go up to $832,750 in San Bernardino County for 2026. VA is not a high-cost area, so you get the full conforming cap.

Question 11

What's the difference between FHA and VA loans in Chino?

Accepted Answer

FHA requires 3.5% down and upfront mortgage insurance. VA offers zero down with no PMI, but includes a funding fee instead.

Question 12

How does the Ontario International Airport expansion affect Chino's real estate market?

Accepted Answer

The ONT BOLD expansion project may influence regional infrastructure and property values over time. It's worth monitoring as the environmental review progresses.

Question 13

What closing costs should I expect on a Chino home purchase?

Accepted Answer

Closing costs typically run 2-5% of the purchase price. They include appraisal, title, underwriting, and lender fees.

Question 14

Can I use a gift for my down payment?

Accepted Answer

Yes. Most lenders allow gift funds from family members. You'll need a gift letter stating the money is not a loan.

Chino home loan questions answered