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Inyo County, California VA Home Loan Information

Table of Contents


What is the VA Loan Limit?

2021 VA Home Loan Limit: $0 down up to $5,000,000* (Subject to lender limits) /2 open VA loans at one time $548,250* (Call 888-573-4496 for details).

How to Apply for a VA Home Loan?

This is a quick look at how to apply for a VA home loan in Inyo County. For a more detailed overview of the VA home loan process, check out our complete guide on how to apply for a VA home loan. Here, we’ll go over the general steps to getting a VA home loan and point out some things to pay attention to in Inyo County. If you have any questions, you can call us at VA HLC and we’ll help you get started.

  1. Get your Certificate of Eligibility (COE)
    • Give us a call at (877) 432-5626 and we’ll get your COE for you.
  2. Are you applying for a refinance loan? Check out our complete guide to VA Refinancing.
  3. Get pre-approved, to get pre-approved for a loan, you’ll need:
    • Previous two years of W2s
    • Most recent 30 days paystubs or LES (active duty)
    • Most recent 60 days bank statements
    • Landlord and HR/Payroll Department contact info
  4. Find a home
    • We can help you check whether the home is in one of the Inyo County flood zones
  5. Get the necessary inspections
    • Termite inspection: required
    • Well or septic inspections needed, if applicable
  6. Get the home appraised
    • We can help you find a VA-Certified appraiser in Inyo County and schedule the process
    • Construction loan note: Construction permit/appraisal info
      1. Building permit
      2. Elevation certificate
  7. Lock in your interest rates
    • Wait until the appraisal lock in your loan rates. If it turns out you need to make repairs, it can push your closing back. Then you can get stuck paying rate extension fees.
  8. Close the deal and get packing!
    • You’re ready to go.

What is the Median Home Price?

As of March 31, 2021, the median home value for Inyo County is $383,460. In addition, the median household income for residents of the county is $57,316.

How much are the VA Appraisal Fees?

  • Single-Family: $600.
  • Individual Condo: $600.
  • Manufactured Homes: $600.
  • 2-4 Unit Multi-Family: $850.
  • Appraisal Turnaround Times: 7 days.

Do I need Flood Insurance?

  • The VA requires properties are required to have flood insurance if they are in a Special Flood Hazard Area.
  • The flood zones in Inyo County are mostly along irrigation drainages. Your agent can help you to check whether a property will require flood insurance.

How do I learn about Property Taxes?

  • Dave Stottlemyre is the current tax assessor for Inyo County. His office can be reached at 168 North Edwards Street, Independence, California 93526 and by calling (760) 878-0302.
  • Veterans, owner-occupiers, and senior citizens may be eligible for property tax relief. You can find out whether you qualify through the county assessor. In addition, the Assessor’s Office can do re-appraisals to determine property values and flood risks.

What is the Population?

  • The county’s population of 18,039 is 60% White, 23% Hispanic, and 13% American Indian.
  • Most county residents are between 18 and 65 years old, with 20% under 18 years old and 23% older than 65.
  • In total, the county has about 7,950 households, with an average of 2.1 people per household.

What are the major cities?

The County has one city, the city of Bishop. The County seat on the other hand is in the census-designated place named Independence.

About Inyo County

Inyo County is in Central California and borders Nevada. The County is part of the Sierra Nevada region and is known for its mountains and forests. However, it is also famous as Death Valley, the hottest, driest, and lowest National Park. A county of natural extremes, Inyo is also home to Mt. Whitney, California’s highest peak.

Like the rest of the Sierra Region, Inyo County adds jobs outside of the traditional farming industries. For example, retail has been growing throughout the past decade. Also, the County’s natural wonders have been doing wonders for employment. As the number of visitors to Death Valley continues to climb each year, Inyo County continues to have a vibrant tourism industry. Other notable attractions are Inyo National Forest and ski resorts like Mammoth Mountain.

Inyo County is also home to two institutions of higher learning. Cerro Coso Community College provides students a chance to pursue associate degrees or prepare for transfer to a four-year college. Another avenue for pursuing higher education is just across the Nevada border. Deep Springs College. This school only admits about a dozen students each year, but each student is granted a full scholarship. In exchange, they are expected to use their education to help humanity.

Residents of Inyo County appreciate the natural beauty of the region. One of the most remarkable things about Inyo is that you can drive for an hour and end up looking at a different landscape. For example, the lakes at Loch Leven, Mills, and Pee Wee are a striking contrast to Death Valley’s dry, moon-like plains. Whether in the mountains or the desert, though, the County boasts great rock climbing throughout.

In addition to the summer outdoor activities, Inyo is famous for its winter sports. Ski resorts throughout the County provide a great chance to hit the slopes. You can even snowshoe on some of the County’s thousands of miles of nature trails.

However, Inyo County hasn’t forgotten the social graces. There are plenty of local events throughout the year to keep you busy. For example, Mule Days take place each May in Bishop. This festival, which has been going on for over 50 years, celebrates everything mule! In addition to the parade, various mule-riding events take place throughout the weekend. There’s also a golf tournament, dance, and county fair.

Another beloved annual event is the Concert in the Rocks Festival, which brings musicians from all over the country for an outdoor festival. Up at the lakes, the Father’s Day Fishing Derby is a great bonding opportunity for fathers and children of all ages. Also, the Lone Pine Film Festival is a great way to keep up with local cinema and expand your movie horizons.

Veteran Information

The county is currently home to 1,526 veterans.

  • Inyo County is home to two VFW post:
    • Post 8036 Turner Barnes Post – 491 S Main Street, Lone Pine, California 93545.
    • Post 8988 Bishop Post – 484 Short Street, Bishop, California 93514.
  • County Veteran Assistance Information
    • Inyo County Veterans Services Office – 207 W South Street, Bishop, California 93514.

Apply for a VA Home Loan

  • For more information about VA Home Loans and how to apply, click here.
  • If you meet the VA’s eligibility requirements, you will be able to enjoy some of the best government-guaranteed home loans available.  
  • VA loans can finance the construction of a property. However, the property must be owned and prepared for construction as the VA cannot ensure vacant land loans.

VA Approved Condos

Now there are no VA approved condos available in Inyo County. However, it is still possible to get a condo approved, just call us at (877) 432-5626 and we will help you through the condo approval process.

California VA Loan Information

VA Loan Information by State