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Paradise is rebuilding. Since the 2018 Camp Fire, homeownership here carries unique weight and unique opportunity.
Community mortgage programs are designed for exactly this kind of market — underserved, recovering, and full of buyers who don't fit standard lending boxes.
Community Mortgages in Paradise
These programs use flexible qualification criteria. That means looser credit standards, lower down payment options, and alternative income documentation.
You don't need perfect credit or a 20% down payment. Many community mortgage programs work with borrowers other lenders turn away.
Local decision guide
Use this guide to connect community mortgages eligibility, lender expectations, and local market factors before comparing payment options in Paradise.
Paradise is rebuilding. Since the 2018 Camp Fire, homeownership here carries unique weight and unique opportunity.
Community mortgage programs are designed for exactly this kind of market — underserved, recovering, and full of buyers who don't fit standard lending boxes.
These programs use flexible qualification criteria. That means looser credit standards, lower down payment options, and alternative income documentation.
Not every lender offers community mortgage programs. Many banks don't touch them at all.
As a broker with access to 200+ wholesale lenders, we find the ones who specialize here — not just the ones who technically offer it.
In a rebuild market like Paradise, community programs stack well with disaster recovery assistance and state-level grants.
The mistake most buyers make is going directly to one bank. One bank means one set of overlays. We shop dozens of lenders on your behalf.
FHA loans are the most common alternative. They require a 580 credit score and 3.5% down — but carry mandatory mortgage insurance.
Community mortgage programs may offer lower fees or more flexible income rules depending on the lender. USDA is also worth checking in Butte County given the rural eligibility zones.
Butte County has rural pockets that qualify for USDA — and some community mortgage programs overlap with those same eligibility maps.
Paradise specifically has seen significant new construction since the fire. Community programs that support new builds or owner-occupant purchases are especially relevant here.
Buyers in underserved areas with flexible credit or income situations. Paradise's rebuild status makes many properties and borrowers eligible.
Many do. Some programs specifically support new builds, which matters in Paradise where new construction is common post-fire.
Often yes. CalHFA and other state programs can layer on top. A broker can confirm which combinations are allowed.
FHA has fixed rules. Community programs vary by lender and may offer more flexibility on income or credit. Rates vary by borrower profile and market conditions.
Yes. Post-disaster communities like Paradise often meet underserved criteria. Lender eligibility rules vary, so verification is required.