About Bakersfield Real Estate
Bakersfield is a dynamic Kern County community in California's agricultural heartland, offering affordability, space, and a growing quality of life. The city's agricultural industry complemented by logistics, healthcare, and government supports a robust housing market serving diverse homebuyers and investors.
Bakersfield Housing Market Overview
Bakersfield stands out as one of California's most affordable major housing markets, with a median home price of approximately $370,000. This accessibility makes it a prime destination for first-time homebuyers, growing families, and investors looking for strong rent-to-price ratios. New construction expands options, while established neighborhoods offer character and value. Compared to California's coastal cities, Bakersfield provides significantly more purchasing power per dollar.
Mortgage Lending in Bakersfield
Most Bakersfield home purchases fall comfortably within the conforming loan limit, making conventional loans with competitive rates widely accessible. FHA loans are popular with first-time buyers seeking low down payment options, while VA loans serve the area's veteran community. Save Financial helps Bakersfield homebuyers navigate every available program to find the best fit for their financial situation and goals.
Self-Employed Mortgages in Bakersfield
Self-employed borrowers in Bakersfield benefit from specialized mortgage programs that look beyond traditional tax returns. Bank statement loans use 12–24 months of deposits to establish income. Profit-and-loss (P&L) programs require just a CPA-prepared statement. Asset-depletion programs help high-net-worth individuals qualify using liquid assets. Save Financial's expertise in Central Valley self-employed lending means Bakersfield business owners, freelancers, and independent professionals have a clear path to homeownership.
Investment Property Loans in Bakersfield
Bakersfield is one of California's strongest markets for rental property investment, offering excellent rent-to-price ratios and low entry costs. DSCR loans allow investors to qualify using property rental income instead of personal income, making portfolio growth efficient. Single-family rentals, small multi-family properties, and newer developments all present viable investment strategies in this market.
Available Loan Programs in Bakersfield
Save Financial offers the following mortgage programs for Bakersfield homebuyers and homeowners:
Traditional financing backed by Fannie Mae/Freddie Mac. Lowe...
Government-insured with low down payments and flexible credi...
Zero down payment for eligible veterans, active duty, and su...
Replace your mortgage to lower your rate, change your term, ...
Investment property loans qualified by rental income — no pe...
Comprehensive mortgage solutions for business owners, freela...
Why Save Financial for Bakersfield Mortgages?
Save Financial, Inc. is a trusted California mortgage brokerage (NMLS #377740, DRE #01875766) with offices in Newport Beach and Marina del Rey. We have 45 years of combined experience and work with 20+ wholesale lenders to deliver competitive rates across 35 loan programs — including conventional, FHA, VA, jumbo, hard money, bank statement, DSCR, and no-income options. Our $500 price guarantee means if we can't beat another lender's written offer for your Bakersfield mortgage, you receive $500.
We serve Bakersfield borrowers 7 days a week, 9AM–8PM. Our team speaks English and Spanish.