Question 1

Who are community mortgages designed for?

Accepted Answer

They target buyers in underserved areas with flexible income or credit profiles. Isleton fits that profile well.

Question 2

Do community mortgages require mortgage insurance?

Accepted Answer

It depends on the specific program and lender. Some require it, others don't — that's why shopping lenders matters.

Question 3

Can I combine a community mortgage with down payment assistance?

Accepted Answer

Often yes. CalHFA and Sacramento County grants can layer on top. A broker can confirm what stacks with your program.

Question 4

Does Isleton qualify for USDA loans too?

Accepted Answer

Isleton's rural character makes USDA worth checking. It could be a better fit than a community mortgage in some cases.

Question 5

What credit score do I need for a community mortgage?

Accepted Answer

Requirements vary by program. These loans are built for flexibility, so scores below conventional thresholds may still qualify.

Community Mortgages in Isleton, CA