For 28+ years I have helped Sacramento-area buyers, move-up homeowners, and real estate investors structure mortgage strategy that fits the local market, from first-time buyers in Natomas and Elk Grove, to move-up families in Folsom and Granite Bay, to investors building portfolios in Arden-Arcade and Rancho Cordova. I am Ken Clark Jr., NMLS #225375, Certified Mortgage Advisor and Branch Manager with PRMG Mortgage (NMLS #75243). Sacramento is my home market.
FHA-insured mortgages with 3.5% down guideline, 580+ credit score guideline (lender overlays may differ), DPA-compatible. Strong fit for first-time and credit-rebuilding Sacramento buyers in Natomas, Citrus Heights, North Sacramento, Rancho Cordova, and Elk Grove condos. FHA loan details →
$0 down with full entitlement, no monthly mortgage insurance, one-time funding fee (with disability-based exemptions). PRMG is VA-approved. Strong fit for Sacramento veteran community given Beale AFB and Travis AFB proximity. VA loan details →
Fannie Mae and Freddie Mac conforming mortgages. 3-20%+ down. Eligibility driven by AUS findings (DU/LPA), not a fixed credit minimum. The workhorse for most Folsom, Granite Bay, and El Dorado Hills move-up buyers. Conventional details →
For loans above the 2026 FHFA conforming limit (approximately $806,500 in Sacramento County). Common in Granite Bay, East Sacramento, Folsom luxury, and parts of Land Park. Typically 10-20% down, 700+ credit, reserves required. Jumbo details →
CalHFA MyHome, GSFA Platinum, SHRA PLHA, SHRA CalHome, NHF, Chenoa, and Placer County DPA. Stack-friendly with FHA, VA, and conventional first mortgages. Eligibility depends on income, credit, location, and current program funding. Open the DPA Finder →
FHA 203k and Fannie Mae HomeStyle for buyers eyeing older Sacramento housing stock, Land Park bungalows, Midtown craftsmans, East Sac mid-centuries. Wraps purchase + renovation budget into one loan, escrowed and disbursed as work completes. Renovation details →
Bank statement loans for self-employed Sacramento borrowers (12 or 24 months of deposits). DSCR loans for investors qualifying on property cash flow, common for Arden-Arcade, North Highlands, and Rancho Cordova rental portfolios. Non-QM details →
Rate-and-term, cash-out, FHA streamline, VA IRRRL. PRMG also offers a 5-Day HELOC for fast equity access without replacing your first mortgage. Refinance details →
Across Sacramento, Placer, Yolo, and El Dorado counties.
Downtown, Midtown, East Sacramento, Land Park, Curtis Park, Pocket-Greenhaven, Natomas, Tahoe Park, Oak Park, College-Glen, Arden-Arcade, North Highlands.
Elk Grove, Citrus Heights, Carmichael, Fair Oaks, Rancho Cordova, Orangevale, Antelope, Galt.
Roseville, Rocklin, Lincoln, Auburn, Granite Bay, Loomis, Newcastle.
Davis, Woodland, West Sacramento, Winters.
El Dorado Hills, Cameron Park, Folsom (El Dorado side), Placerville.
A Sacramento mortgage advisor helps buyers and investors structure financing for homes in the Sacramento metro area. The right strategy depends on neighborhood, borrower profile (W-2 vs self-employed), and goals. Working with an advisor approved for local programs like CalHFA, GSFA, SHRA PLHA/CalHome, and Placer County DPA produces a stronger structure than a generic national online lender.
Common Sacramento loan structures include FHA + CalHFA MyHome for first-time buyers, VA $0 down for eligible veterans, conventional 3-5% down for move-up buyers, jumbo financing for Granite Bay and East Sacramento luxury, DSCR for investors, bank statement for self-employed, and FHA 203k or HomeStyle for renovation projects. Eligibility depends on credit, income, and program guidelines.
Sacramento base property tax is 1% under Proposition 13, plus voter-approved bonds and Mello-Roos in newer developments (North Natomas, Folsom Ranch, parts of Elk Grove, West Roseville). Effective rates can run 1.2-1.7% in Mello-Roos areas. Always confirm tax exposure before writing an offer.
Yes. Sacramento buyers may use CalHFA MyHome, GSFA Platinum, SHRA PLHA, SHRA CalHome, NHF, Chenoa Fund, or Placer County DPA depending on income, credit, property location, occupancy, and program funding. PRMG is approved for the major DPA programs.
FHA guideline minimum is 580 for 3.5% down (lender overlays may push this higher). Conventional eligibility is driven by AUS findings (DU or LPA) rather than a fixed credit minimum; pricing improves at 680 and 740. The VA itself does not set a minimum credit score. DSCR investor loans often start in the 660-680 range. Final eligibility is subject to AUS and underwriting.
20 minutes on the phone. No pressure. Walk away with a clear picture of your real options and cash-to-close range, based on your actual numbers, not a generic online quote.
Compliance: This page is for educational purposes only and is not a commitment to lend or guarantee of approval. Loan programs, rates, terms, eligibility, and program availability are subject to change and depend on credit, income, assets, property, occupancy, location, and underwriting. Not all borrowers will qualify. Payment, cash-to-close, and timeline references are estimates only. Individual results vary.
Equal Housing Opportunity. PRMG Mortgage. NMLS #75243. Ken Clark Jr. NMLS #225375. Licensed in 49 states; NY excluded.