Question 1

Does Point Arena qualify for community mortgage programs?

Accepted Answer

Yes. Point Arena meets federal criteria for underserved communities. That opens access to programs not available in most California cities.

Question 2

Can I combine a community mortgage with down payment assistance?

Accepted Answer

Often yes. Many community programs are designed to layer with state and county assistance. We check compatibility before you apply.

Question 3

Is USDA a better option than a community mortgage here?

Accepted Answer

It depends on your income and the property. Point Arena's rural status makes USDA worth comparing directly against community program terms.

Question 4

What credit score do I need for a community mortgage?

Accepted Answer

Requirements vary by program. Some accept scores below 620. We match your profile to programs that actually fit.

Question 5

Are community mortgages only for first-time buyers?

Accepted Answer

Not always. Some programs restrict to first-time buyers, others don't. Income limits and property location matter more in many cases.

Question 6

How is SRK CAPITAL different from going to a local bank?

Accepted Answer

We shop 200+ wholesale lenders, including specialists in rural and underserved markets. A local bank only offers their own programs.

Community Mortgages in Point Arena, CA