Question 1

What credit score do I need for a community mortgage in Tulare?

Accepted Answer

Most programs accept 580 to 620 credit scores. Some allow recent credit events if you've rebuilt payment history over the past 12-24 months with no new derogatory marks.

Question 2

Can I use seasonal farm income to qualify?

Accepted Answer

Yes. Lenders serving Tulare County expect seasonal agricultural income patterns. They average your earnings over 12-24 months rather than requiring consistent monthly wages.

Question 3

How much down payment do community mortgages require?

Accepted Answer

Most programs require 3% down from your own funds. Many offer down payment assistance grants that reduce your cash requirement to under $5,000 total.

Question 4

Do community mortgages have income limits?

Accepted Answer

Yes. Limits vary by household size and program sponsor. In Tulare County, expect limits from $85,000 to $120,000 for a family of four.

Question 5

Are these programs only for first-time buyers?

Accepted Answer

Not always. Some prioritize first-time buyers, but others serve essential workers, agricultural families, or anyone meeting income and property location requirements regardless of prior ownership.

Community Mortgages in Tulare: Flexible Programs for Underserved Buyers