Sacramento Home Loan Options
Explore a variety of Sacramento mortgage options, from FHA and VA loans to reverse mortgages and more.
FHA Loans
FHA financing remains one of the most accessible paths into homeownership for Sacramento buyers, and borrowers with a credit score of 580 or higher can qualify for 3.5% down. Sacramento County’s FHA loan limit adjusts annually based on local home values, so check HUD.gov for the current figure before you shop.
VA Loans
Sacramento’s proximity to several military installations means VA loans come up often for local veterans and active-duty buyers. The VA sets no official minimum credit score, though individual lenders commonly apply their own overlay, often around 580, and Tyler will walk you through how that applies to your file.
Conventional Loans
Conventional financing typically starts at a 620 credit score and works well for Sacramento’s large base of state government employees and other salaried buyers who bring steady income documentation and sometimes a larger down payment to the table.
Bank Statement Loans
Sacramento’s growing base of self-employed buyers and small business owners often have strong income that doesn’t show up cleanly on a W-2, and a bank statement loan, which requires a minimum credit score of 640, qualifies borrowers using bank deposits instead of tax returns.
DSCR Loans
Investors buying rental property across Sacramento’s neighborhoods can qualify using the property’s own rental income through a DSCR loan, typically available to borrowers with credit scores in the low-to-mid 600s, rather than their personal income.
Reverse Mortgages
Sacramento homeowners aged 62 and older who want to convert home equity into cash without taking on a monthly payment can explore a HECM reverse mortgage through Tyler’s dedicated Sacramento reverse mortgage page, which walks through eligibility, counseling requirements, and how payout estimates work in more detail.
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Get a quoteDown Payment Assistance in Sacramento
Sacramento buyers can pair a first mortgage with California’s MyHome Assistance Program through CalHFA, which provides a deferred-payment junior loan to help cover the down payment or closing costs. Sacramento’s more moderate home prices relative to the Bay Area mean CalHFA assistance often stretches further here than it does in the state’s highest-cost markets. Credit score minimums and county income limits vary by program and change periodically, so Tyler confirms current eligibility directly with CalHFA before recommending it as part of your loan structure.
Qualification Requirements
Every loan program comes with its own credit, income, and documentation requirements, and Tyler builds his recommendation around your actual financial picture rather than a one-size-fits-all approach.
The Sacramento Home Loan Process
- Consultation. Tyler reviews your goals, timeline, and financial picture.
- Pre-approval. Know your buying power before you start touring Sacramento homes.
- Lender comparison. Tyler shops your loan across multiple lenders to find your best terms.
- Application. Submit documentation through the online application portal.
- Underwriting. Tyler keeps you updated at every stage of the process.
- Closing. Sign your documents and get the keys to your new home.
Before you apply, you can run your numbers through the mortgage payment calculator to get a sense of what your monthly payment could look like.
Get Started With a Sacramento Mortgage Broker
Tyler has spent over a decade financing homes across multiple states, and he applies that same broker-first approach to Sacramento buyers: shopping your loan across lenders instead of representing just one, and giving you honest, direct answers instead of a sales pitch. Sacramento buyers who want a personalized, transparent lending experience can reach him directly at (623) 806-4645 or tarnaiz@arnaizmortgage.com..
