Purchase Loans · My Mortgage Company
Buy Your Home in Bakersfield & Kern County
Whether you are buying your first home or moving up to your next one, My Mortgage Company helps you find the right loan program and close on time. We serve Bakersfield, Kern County, and the surrounding communities.
Loan Programs
Find the Right Loan for Your Situation
My Mortgage Company offers government-backed and conventional purchase loan programs for primary residences throughout Kern County.
FHA Loan
The most popular option for first-time buyers. Flexible credit requirements starting at 580 and a low 3.5% down payment.
Learn moreVA Loan
For veterans, active-duty military, and surviving spouses. No down payment, no monthly mortgage insurance, competitive rates.
Learn moreConventional
Best for buyers with strong credit (620+). PMI drops at 80% LTV — unlike FHA. Available in conforming and jumbo amounts.
Learn moreUSDA Loan
Zero-down financing for eligible rural and suburban areas. Parts of Kern County may qualify. Income limits apply.
Learn moreStart Here
Why Get Pre-Approved Before You Shop
Pre-approval is not just a formality — it is your biggest competitive advantage in a fast-moving market.
Stronger Offers
Sellers take pre-approved buyers seriously. In a competitive Bakersfield market, your pre-approval letter signals you are financially verified and ready to close.
Know Your Real Budget
Pre-approval gives you the exact purchase price, monthly payment, and cash-to-close you qualify for — based on your actual credit, income, and debts.
Faster Closing
When your financing is already underway, escrow moves quickly. Pre-approved buyers regularly close 7–10 days faster than buyers who start after going under contract.
The Process
From Pre-Approval to Keys
A clear, five-step process so you always know where you stand.
Pre-Approval
Submit your financial info and receive a pre-approval letter — typically within one business day.
Home Search
Shop with confidence knowing your exact budget, monthly payment, and cash needed to close.
Make an Offer
Your pre-approval letter strengthens your offer and shows sellers you are a serious, qualified buyer.
Loan Processing
We collect final documents, order the appraisal, and submit your complete file to underwriting.
Close
Sign your final loan documents at escrow, fund the loan, and receive your keys.
Get Started
Start Your Journey
Tell us a little about yourself and we will follow up within one business day.
Common Questions
Frequently Asked Questions
How much home can I afford in Bakersfield?
Affordability depends on your gross income, monthly debts, credit score, and down payment. FHA guidelines allow a debt-to-income ratio up to 47%. On a $90,000 annual income with minimal debts, many buyers qualify for homes in the $300,000–$380,000 range in Bakersfield. Use our mortgage calculator or contact us for a personalized estimate.
What is the difference between pre-qualification and pre-approval?
Pre-qualification is an informal estimate based on self-reported income and debts — it carries little weight with sellers. Pre-approval involves a formal credit pull, income verification, and document review. A pre-approval letter from My Mortgage Company tells sellers you have been vetted and are ready to close.
How long does the purchase process take from pre-approval to closing?
Most purchase transactions in Kern County close in 21–30 days from the date you go under contract. Pre-approval takes one business day. After an accepted offer, the timeline is driven by the appraisal (5–10 days), underwriting (3–5 days), and escrow scheduling.
Do I need 20% down to buy a home?
No. FHA loans require as little as 3.5% down, conventional loans can go as low as 3%, and VA and USDA loans require no down payment at all for eligible borrowers. On a $350,000 home in Bakersfield, a 3.5% FHA down payment is $12,250.
Ready to apply for your purchase loan?
Complete your full mortgage application securely online through our Blink portal. Takes about 10 minutes.
My Mortgage Company, Inc. · CA DRE #02168831 · NMLS #2269164 · Broker: Omar L. Ortiz, NMLS #951384, DRE #02056548. Licensed by the California Department of Real Estate. Loans subject to credit approval. Not all applicants will qualify. Interest rates and program availability are subject to change without notice. All figures, rates, fee ranges, and examples shown on this page are for informational purposes only and are not a guarantee of rates, fees, loan terms, or qualification. This is not a commitment to lend.