Question 1

Who qualifies for community mortgages in Fairfax?

Accepted Answer

Eligibility varies by program. Most target buyers in underserved communities or those who don't meet standard income or credit thresholds.

Question 2

Do community mortgages have income limits?

Accepted Answer

Some do, some don't. Certain programs cap qualifying income to ensure funds reach lower- and moderate-income buyers.

Question 3

Are community mortgages available in Marin County?

Accepted Answer

Yes. Marin's high prices make these programs especially relevant. Not every lender offers them, so broker access helps.

Question 4

How do community mortgages compare to FHA loans?

Accepted Answer

Both offer flexible criteria. The best choice depends on your credit, income type, and down payment. Compare both before deciding.

Question 5

Can self-employed buyers use community mortgage programs?

Accepted Answer

Often yes. Many community programs accept non-traditional income documentation that standard loan products won't allow.

Community Mortgages in Fairfax, CA