Question 1

Who qualifies for a community mortgage in Roseville?

Accepted Answer

Borrowers with lower credit scores, limited down payments, or non-traditional income often qualify. Income limits apply to some programs.

Question 2

Do community mortgages have higher interest rates?

Accepted Answer

Rates vary by borrower profile and market conditions. Some programs carry below-market rates; others are at par with FHA.

Question 3

Can I combine a community mortgage with down payment assistance?

Accepted Answer

Yes, many community programs are designed to layer with DPA grants. We check compatibility before you apply.

Question 4

Is Roseville eligible for USDA loans too?

Accepted Answer

Parts of Placer County qualify for USDA. Roseville city limits typically don't, but nearby areas may. We verify eligibility by address.

Question 5

How is a community mortgage different from FHA?

Accepted Answer

FHA is a federal program with set rules. Community mortgages vary by lender and target specific borrower profiles with more flexibility.

Question 6

How do I find out which program fits my situation?

Accepted Answer

We review your income, credit, and savings first. Then we match you to the program with the best terms for your profile.

Community Mortgages in Roseville, CA