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Port Hueneme is a small coastal city in Ventura County. USDA eligibility depends on USDA property maps — not every address qualifies.
Run the address first. Many buyers assume coastal California cities don't qualify. Some Port Hueneme parcels may surprise you.
0%
Down Payment
640
Min Credit Score
0.35%
Annual Guarantee Fee
1% of loan amount
Upfront Fee
45-60 days
Typical Close Time
USDA Loans in Port Hueneme
USDA loans require no down payment. You need a 640+ credit score for automated approval through most lenders.
Income limits apply. USDA caps household income based on county and family size — Ventura County limits are higher than many rural areas.
Local decision guide
Use this guide to connect usda loans eligibility, lender expectations, and local market factors before comparing payment options in Port Hueneme.
Port Hueneme is a small coastal city in Ventura County. USDA eligibility depends on USDA property maps — not every address qualifies.
Run the address first. Many buyers assume coastal California cities don't qualify. Some Port Hueneme parcels may surprise you.
USDA loans require no down payment. You need a 640+ credit score for automated approval through most lenders.
Not every lender offers USDA loans. Many retail banks skip them entirely due to the extra processing involved.
At SRK CAPITAL, we work with 200+ wholesale lenders. We find the ones who actively close USDA deals — not just list the program.
The USDA guarantee fee works like mortgage insurance. There's a 1% upfront fee and a 0.35% annual fee — both cheaper than FHA MIP.
USDA loans take longer than conventional. Budget 45-60 days to close. Sellers in competitive markets sometimes push back on that timeline.
FHA requires 3.5% down. VA requires zero down but only for eligible veterans. USDA is the only zero-down option for non-veterans.
Conventional loans with less than 20% down require PMI. USDA's annual fee of 0.35% often beats conventional PMI rates.
Port Hueneme is a dense, incorporated city. Urban core areas typically fall outside USDA eligibility maps.
Fringe areas near agricultural land or unincorporated Ventura County edges have a better shot. Always check the USDA eligibility map before writing an offer.
Some addresses qualify, others don't. Run the specific property address through the USDA eligibility map before assuming.
Most lenders want 640 or higher for automated approval. Below that, manual underwriting is possible but harder.
USDA sets income limits by county and household size. Ventura County limits are higher than many rural counties — check current USDA tables.
Budget 45-60 days. USDA adds a rural development review step that slows the process compared to conventional loans.
Condos must be on the USDA-approved condo list and in an eligible zone. Both conditions need to be met.
There's a 1% upfront guarantee fee and a 0.35% annual fee. Both are typically lower than FHA mortgage insurance costs.