The Best Mortgage Lenders in Fellows, CA
Compare verified mortgage lenders serving Fellows, California. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Fellows
Featured Mortgage Lenders
Mortgage Department
Kern Schools Federal Credit Union
Kern Schools Federal Credit Union stands out as the premier local financial institution serving the Fellows area with exceptional mortgage services. As a long-established credit union with deep roots in Kern County, they offer highly competitive rates and personalized service that national lenders can't match. Their mortgage team specializes in understanding the unique needs of Central Valley homebuyers, including rural property financing relevant to the Fellows community. With outstanding customer satisfaction ratings and comprehensive loan options including specialized programs for first-time buyers and veterans, they provide exceptional value through their member-owned structure and local decision-making process.
Loan Types:
Mortgage Team
Sierra Pacific Mortgage
Sierra Pacific Mortgage has built an outstanding reputation throughout Central California with three decades of reliable service and competitive financing solutions. Their Bakersfield office actively serves the Fellows area with specialized expertise in rural and semi-rural property lending. What sets them apart is their efficient local processing combined with the resources of a regional mortgage banker, allowing for quick approvals and competitive rates. They excel at navigating complex property situations common in the Tehachapi region and offer a wide range of loan products with exceptional customer service ratings. Their long track record of successful closings in Kern County makes them a top choice for reliable mortgage financing.
Loan Types:
Mortgage Division
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation's Bakersfield branch consistently ranks among the highest-rated mortgage lenders serving the Fellows area, with nearly perfect customer satisfaction scores. They combine national lending power with local expertise, offering some of the most competitive rates in the region alongside exceptional personalized service. Their loan officers have extensive experience with the unique aspects of Kern County real estate, including properties in more remote areas like Fellows. Known for their streamlined processes and outstanding communication throughout the loan journey, they provide comprehensive financing solutions with particular strength in government-backed loans and custom construction financing tailored to the local market.
Loan Types:
Frequently Asked Questions
Common questions about mortgage lending in Fellows, CA
What are the current mortgage rates like in Fellows, CA, and how do they compare to the state average?
Mortgage rates in Fellows are typically very competitive and often slightly below the California state average due to the area's rural designation and lower cost of living. However, as a small, unincorporated community, your specific rate will depend heavily on your credit profile and loan-to-value ratio. It's best to get quotes from both local credit unions and national lenders to find the best deal.
Are there any special loan programs for buying a home in Fellows' rural location?
Yes, the most prominent program is the USDA Single-Family Housing Guaranteed Loan Program, for which Fellows is an eligible area. This program offers 100% financing with no down payment, making it an excellent option for low-to-moderate income buyers. This is a significant advantage for purchasing in this region, where conventional loan requirements can be a barrier.
How does the lack of a formal city government in Fellows impact the mortgage and home buying process?
Since Fellows is an unincorporated community, services are provided by Kern County. This means your property taxes and any special assessments are handled at the county level. The mortgage process itself is largely the same, but it's crucial to work with a lender or real estate agent familiar with the area to ensure all county-specific requirements and disclosures are properly handled.
What should I know about property taxes and insurance when getting a mortgage in Fellows?
Property taxes in Fellows are based on Kern County's rates, and since it's unincorporated, Mello-Roos taxes are uncommon, which can be a cost savings. For insurance, you will need a standard homeowner's policy, but it's wise to inquire about specific coverage for issues like septic systems or well water, which are common in this rural area, as these can sometimes influence lender requirements.
As a first-time homebuyer in Fellows, what local or state assistance should I look into?
You should explore the CalHFA MyHome Assistance Program, which provides a deferred-payment junior loan to help with down payment and closing costs. Combined with a CalHFA first mortgage, this can be a powerful tool. Given Fellows' rural nature, pairing this with the USDA loan program can create a very affordable path to homeownership for eligible buyers.
Why Choose a Mortgage Lender in Fellows?
Local Market Knowledge
Lenders who understand Fellows's housing market can offer better guidance and competitive rates.
Multiple Loan Options
Access to conventional, FHA, VA, USDA, and jumbo loans tailored to your financial situation.
Proven Track Record
Work with lenders who have years of experience and hundreds of satisfied customers in California.
Ready to Find Your Perfect Mortgage Lender?
Connect with top-rated mortgage professionals in Fellows and get competitive rates on your home loan.