NMHL Mortgage Lending
Mortgage Lender in Bakersfield, CA
Local expertise and competitive rates for Bakersfield homebuyers.
Bakersfield, California is experiencing a surge in housing demand, driven by its strong economy and affordable median home price of $350,000. As a result, mortgage lenders in Bakersfield are seeing increased activity from homebuyers and investors alike. At National Mortgage Home Loans (NMHL), we're committed to serving the diverse needs of Bakersfield borrowers, including first-time homebuyers, self-employed individuals, and those with less-than-perfect credit.
Our team of experienced loan officers understands the local market and can guide you through the mortgage process, from pre-approval to closing. We offer a range of mortgage programs, including FHA, VA, and conventional loans, as well as specialty programs for borrowers who may not fit traditional lending criteria. Whether you're looking to purchase a home in a popular neighborhood like Downtown Bakersfield or Southwest Bakersfield, we'll work with you to find the best mortgage solution for your situation.
With NMHL, you can expect personalized service, competitive rates, and a deep understanding of the Bakersfield housing market. We're proud to be a trusted mortgage lender in Bakersfield, and we're here to help you achieve your homeownership goals.
Bakersfield Housing Market Overview
Bakersfield is a growing community in California offering diverse mortgage options for homebuyers. Contact NMHL for personalized Bakersfield mortgage rates and programs.
See What You Qualify For
Takes about 5 minutes. No obligation. No credit check until you are ready.
Your Local Mortgage Partner
We understand the local market dynamics that affect your home purchase. Our team provides personalized loan options based on local property values and regulations.
Available Loan Programs in Bakersfield
Explore mortgage options tailored to Bakersfield homebuyers
First Time Home Buyer Mortgages
Special loan programs helping newcomers purchase their first home with favorable terms and support.
Learn MoreRefi-Shield
Learn MoreAdjustable-Rate Mortgage (ARM)
Financial flexibility and optimal rates with an Adjustable-Rate Mortgage – Your key to a dynamic homeownership journey
Learn MoreHigh-Value Appraisal Program
Learn MoreInterest Only Mortgages
Interest-only mortgages allow borrowers to pay only the interest for a set period, reducing initial monthly payments.
Learn MoreHome Equity Loans
Access the equity in your home with a fixed-rate home equity loan. Get a lump sum with predictable monthly payments for ...
Learn MoreFHA Loans
Federal Housing Administration (FHA) loans are government-backed mortgages designed to help first-time homebuyers and th...
Learn MoreFixed-Rate Mortgage
Lock in your interest rate for the life of the loan with a fixed-rate mortgage. Predictable monthly payments make budget...
Learn MoreBridge Loans
Bridge the gap between buying your new home and selling your current one. Short-term financing that gives you the flexib...
Learn MoreVA Loans
VA loans are a benefit earned by veterans, active-duty service members, and eligible surviving spouses. Backed by the De...
Learn MoreConventional Loans
Conventional loans are not backed by government agencies and typically offer the most flexibility for qualified borrower...
Learn MoreITIN Loans
Purchase a home using your Individual Taxpayer Identification Number (ITIN) without a Social Security Number. NMHL is co...
Learn MoreJumbo Loans
Jumbo loans exceed conforming loan limits and are designed for luxury properties and homes in high-cost areas. With comp...
Learn MoreDSCR Investment Loans
Debt Service Coverage Ratio (DSCR) loans qualify based on rental income rather than personal income. Perfect for real es...
Learn MoreBank Statement Loans
Bank statement loans are designed for self-employed borrowers and business owners who have difficulty documenting income...
Learn MoreReverse Mortgages
For homeowners 62 and older, reverse mortgages allow you to access your home equity without monthly payments. Stay in yo...
Learn MoreUSDA Mortgages
USDA Rural Development loans help moderate-income buyers purchase homes in eligible rural and suburban areas. With no do...
Learn MoreHeloc
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Bakersfield Neighborhoods: A Guide to the Best Areas
Bakersfield is a diverse city with a range of neighborhoods to suit different lifestyles and preferences. Some of the most popular areas include:
- Downtown Bakersfield: Known for its vibrant arts scene and historic architecture, Downtown Bakersfield is a great choice for those who want to be in the heart of the action.
- Southwest Bakersfield: This family-friendly neighborhood is popular with families and professionals alike, thanks to its safe streets, good schools, and easy access to amenities.
- Northwest Bakersfield: This area is known for its more affordable housing options and is a great choice for first-time homebuyers or those on a budget.
Our loan officers can help you explore the best neighborhoods for your needs and budget, and provide guidance on the local market trends and property values.
Contact NMHL today to learn more about the best neighborhoods in Bakersfield and get pre-approved for a mortgage.
Mortgage Options for Bakersfield Borrowers
At NMHL, we offer a range of mortgage programs to suit different needs and financial situations. Some of our most popular options include:
- FHA loans: With down payments as low as 3.5%, FHA loans are a great choice for first-time homebuyers or those with less-than-perfect credit.
- VA loans: For eligible veterans, service members, and surviving spouses, VA loans offer competitive rates and favorable terms.
- Conventional loans: Our conventional loan programs offer flexible terms and competitive rates, making them a great choice for borrowers with good credit and stable income.
Our loan officers can help you determine the best mortgage program for your situation and guide you through the application process.
Get pre-approved for a mortgage today with NMHL and take the first step towards homeownership in Bakersfield.
Down Payment Assistance Programs in Bakersfield
Down payment assistance programs can be a valuable resource for homebuyers in Bakersfield, helping to reduce the upfront costs of purchasing a home. Some of the programs available include:
- California Down Payment Assistance Program (DPA): This program provides up to 3% of the home's purchase price in down payment assistance.
- NMHL's own down payment assistance programs: We offer a range of programs to help borrowers with down payment and closing costs.
Our loan officers can help you explore the available programs and determine which ones you may be eligible for.
Contact NMHL today to learn more about down payment assistance programs in Bakersfield and get pre-approved for a mortgage.
The Impact of School Districts on Home Values in Bakersfield
The quality of local schools can have a significant impact on home values in Bakersfield. Some of the top-rated school districts in the area include:
- Bakersfield City School District: Known for its high-performing schools and dedicated teachers, BCSD is a popular choice among families.
- Kern High School District: This district serves a large portion of Bakersfield and surrounding areas, offering a range of academic programs and extracurricular activities.
Our loan officers can help you understand how school districts may impact home values in Bakersfield and provide guidance on the local real estate market.
Get expert advice on the Bakersfield housing market and mortgage options with NMHL.
Frequently Asked Questions
Bakersfield has a range of desirable neighborhoods, including Downtown Bakersfield, Southwest Bakersfield, and Northwest Bakersfield. Each area has its own unique character and advantages, from the vibrant arts scene in Downtown to the family-friendly atmosphere of Southwest Bakersfield. Our loan officers can help you explore the best neighborhoods for your needs and budget.
Property taxes in Bakersfield average approximately 0.78% of assessed value, which is relatively low compared to other parts of California. This translates to manageable monthly costs when factored into your mortgage payment. Our team can help you understand how property taxes will impact your overall housing costs.
NMHL offers a range of mortgage programs for first-time homebuyers in Bakersfield, including FHA loans with down payments as low as 3.5%. We also offer specialized programs for borrowers with less-than-perfect credit or non-traditional income sources. Our loan officers can help you determine the best program for your situation and guide you through the application process.
While bad credit can make it more challenging to qualify for a mortgage, NMHL has programs in place to help borrowers with credit scores as low as 580. Our loan officers will work with you to understand your credit history and identify the best mortgage options for your situation. We may also be able to offer alternative credit scoring models or other solutions to help you qualify for a mortgage.
At NMHL, we offer a streamlined pre-approval process that typically takes just a few days. We'll need some basic financial information from you, including income verification, credit reports, and asset documentation. Once we have this information, we'll review your application and provide a pre-approval letter stating the approved loan amount and terms.
Working with a local mortgage lender like NMHL provides several benefits, including a deeper understanding of the Bakersfield housing market and more personalized service. Our loan officers are familiar with the local neighborhoods, property values, and market trends, which enables us to provide more informed guidance and support throughout the mortgage process.
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Ready to Buy in Bakersfield?
Let NMHL help you navigate the Bakersfield housing market with expert guidance and competitive rates.