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Camarillo sits in Ventura County, where property values run high. Zero-down financing matters here more than in cheaper markets.
USDA loans are government-backed mortgages requiring no down payment. They're built for rural and suburban buyers who meet income limits.
640+
Min Credit Score
0%
Down Payment
1% of loan
Upfront Guarantee Fee
0.35% of balance
Annual Fee
30-45 days
Typical Close Time
USDA Loans in Camarillo
You need a 640 credit score to qualify with most USDA lenders. Below that, manual underwriting is possible but rare.
Income limits apply. Your household income can't exceed 115% of the area median. That number adjusts for family size.
Local decision guide
Use this guide to connect usda loans eligibility, lender expectations, and local market factors before comparing payment options in Camarillo.
Camarillo sits in Ventura County, where property values run high. Zero-down financing matters here more than in cheaper markets.
USDA loans are government-backed mortgages requiring no down payment. They're built for rural and suburban buyers who meet income limits.
You need a 640 credit score to qualify with most USDA lenders. Below that, manual underwriting is possible but rare.
Not every lender offers USDA loans. Many banks skip it because volume is low and the approval process is slower.
We work with wholesale lenders who actively close USDA deals. That access matters when your timeline is tight.
The biggest mistake I see is buyers assuming all of Camarillo qualifies. USDA eligibility maps are property-specific. Check before you fall in love with a house.
USDA also charges a guarantee fee — 1% upfront and 0.35% annually. It's still cheaper than FHA mortgage insurance for most borrowers.
FHA requires 3.5% down and carries heavier mortgage insurance long-term. USDA beats it on monthly cost if you qualify.
VA is the only program that clearly beats USDA — no down payment and no monthly insurance. But VA is veterans-only.
Parts of Camarillo fall inside USDA-eligible zones. Outer areas near Las Posas and the agricultural edges are worth checking.
As of April 2026, Ventura County income limits are set federally. A family of four typically has more room than a single buyer.
Parts of Camarillo fall in eligible zones. Eligibility is property-specific, not city-wide — always verify the address.
Limits are set at 115% of the area median and adjust for family size. A larger household gets more room.
Expect 30-45 days. USDA requires a second review by the agency, which adds time versus FHA or conventional.
USDA is for single-family homes in eligible areas. Condos and multi-unit properties generally don't qualify.
Most lenders want 640 or higher. Below that, manual underwriting is required and approvals are harder to get.
If you qualify, USDA usually wins on monthly cost. FHA mortgage insurance runs higher over the life of the loan.