Mortgage broker serving Colfax, CA, offering a full range of loan programs - purchases, refinancing, investment properties, FHA, VA, jumbo, DSCR, bank statement loans, down payment assistance, and more. Personalized programs for your unique situation. 40+ years California mortgage experience.
Schedule a quick 15-minute call and we'll match you to the right program and give you the best rate for your unique situation.
We as brokers shop hundreds of lenders for you. Banks offer their own limited products.
As mortgage specialists serving Colfax buyers, we match your unique situation to the right program.
First-time buyers in Colfax need the right loan programs to maximize their purchasing power.
We've spent 40+ years solving these exact challenges.
We're here to help match you with the perfect loan program for your Colfax purchase.
SCHEDULE FREE CONSULTATION"For over 30 years, A Good Lender has been a trusted and essential part of my family's financial journey, guiding us through more than a dozen mortgage financing transactions with professionalism, integrity and care. What sets A Good Lender apart is their reliability and ability to demystify the mortgage process."
"Rodney Roloff & The Team at A Good Lender made my house buying process a breeze. Rodney helped me to better understand the loan process and walked me through everything step by step. If your looking for a good lender. One who will help you get the best rate. I highly recommend reaching out to Rodney and his team at 'A good lender'"
"From our first home buying experience, to exploring HELOC options, and refinancing, every step we were supported with clear and accurate information. A team who's knowledgeable, prompt to respond to any questions, and who genuinely cares for their clients is a rare find in this industry."
We've simplified the mortgage maze into four clear steps. No surprises, just results.
Complete your loan application online and upload your documents. We'll review everything to make sure it's complete before submitting to our lending partners.
We submit your application to our lending partners. Their underwriters review your documents, verify your income and credit, and issue your loan approval.
Sign your final documents, get your keys, and move into your Colfax home. We coordinate everything to make closing day smooth and stress-free.
Finding the right home loan in Colfax starts with understanding your options. We've streamlined hundreds of mortgage programs into 8 clear categories for Colfax home buyers—covering purchase loans, refinance, commercial real estate, and specialized financing like bank statement and jumbo loans. Explore the general programs to compare down payment options and requirements, or apply now for a custom financing solution tailored to your Colfax property.
Whether you're buying your first condo or a $3M estate, we offer comprehensive financing solutions with 14-day closings. Explore our complete range of purchase loan programs below.
Refinance to lower your interest rate, shorten your loan term, or access home equity for renovations, debt consolidation, or investment opportunities. Explore all refinance programs below.
Finance commercial real estate, owner-occupied buildings, or business expansions. Explore all commercial financing programs below.
Finance new construction, renovations, or land purchases. Explore all construction and renovation programs below.
From condos and townhomes to multi-family buildings and unique property types. Explore all specialized property financing programs below.
We specialize in complex financing scenarios where traditional loans don't fit. Explore all niche programs below.
Access California's down payment assistance programs. Explore all DPA programs below.
Self-employed professionals, freelancers, and business owners. Explore all special income documentation programs below.
Speed & Certainty
Whether you're buying your first condo or a $3M estate, we offer comprehensive financing solutions with 14-day closings. Explore our complete range of purchase loan programs below.
Rate & Term, Cash-Out
Refinance to lower your interest rate, shorten your loan term, or access home equity for renovations, debt consolidation, or investment opportunities. Explore all refinance programs below.
SBA 504 & 7(a)
Finance commercial real estate, owner-occupied buildings, or business expansions. Explore all commercial financing programs below.
Build & Improve
Finance new construction, renovations, or land purchases. Explore all construction and renovation programs below.
Specialized Properties
From condos and townhomes to multi-family buildings and unique property types. Explore all specialized property financing programs below.
Complex Scenarios
We specialize in complex financing scenarios where traditional loans don't fit. Explore all niche programs below.
CalHFA & Local DPA
Access California's down payment assistance programs. Explore all DPA programs below.
Alternative Documentation
Self-employed professionals, freelancers, and business owners. Explore all special income documentation programs below.
Popular loan programs for Colfax homebuyers. Compare options and find your best fit.
| Loan Type | Down Payment | Credit Score | Best For |
|---|---|---|---|
| No Down Payment Program Featured | $0 (3.5% grant) | 580+ | Any buyer - grant covers FHA or Conventional down payment, forgiven after 6 payments |
| VA | $0 | No minimum | Veterans, active military, surviving spouses |
| Conventional | 3-20% | 620+ | Good credit, stable income. Max: $832,750 |
| FHA | 3.5% minimum | 580+ | First-time buyers with limited savings |
| Down Payment Assistance | $0 (grant covers 3-3.5%) | 640+ | First-time buyers needing down payment help |
| Bank Statement | 10-20% | 660+ | Self-employed buyers who write off business expenses |
| DSCR | 20-25% | 660+ | Rental income properties, real estate investors |
Questions? Call (510) 589-4096 or email info@agoodlender.com
FHA dominates Colfax purchases. Low down payment and credit flexibility for first-time buyers.
CalHFA is a strong option for Colfax. State programs reduce out-of-pocket costs significantly.
Veterans buy Colfax homes with $0 down. Full VA benefits cover all properties here.
Many Colfax properties qualify for USDA zero-down loans. Rural designation required.
All Colfax properties qualify for conforming loans. 3% down minimum for first-time buyers.
Colfax local programs provide significant DPA. Stack with state programs for best results.
Bridge financing for Colfax homeowners moving. Buy your next home without waiting to sell.
LLC financing available in Colfax. Investors can purchase in entity names.
FHA streamline dominates Colfax refinances. Quick approval with minimal paperwork.
VA IRRRL is the best refi for Colfax veterans. No paperwork hassles, quick closing.
Many Colfax homeowners with USDA loans can use streamline refinance. No appraisal needed.
Every Colfax refinance qualifies for conforming rates. Best terms for rate reduction.
Colfax owners can access equity through cash-out refi. Rates competitive with purchase loans.
Fixed home equity loan option in Colfax. Predictable payments for major expenses.
DSCR financing for Colfax investors. Buy rentals based on property income potential.
Fix-and-flip financing for Colfax investors. Buy distressed properties, renovate, sell.
Commercial hard money in Colfax. Quick funding when timing is critical.
Multifamily loans available for Colfax apartment investors. Commercial financing options.
Buy a home with zero down payment. Our lenders cover your entire down payment through grant programs. No repayment required. Available for Colfax buyers with qualifying income.
CalHFA is a strong option for Colfax. State programs reduce out-of-pocket costs significantly.
Colfax local programs provide significant DPA. Stack with state programs for best results.
Elite grants provide Colfax down payment help. Free money for qualified buyers.
Many Colfax properties qualify for USDA zero-down loans. Rural designation required.
Family property transfers in Colfax benefit from gift of equity. No cash down payment needed.
Colfax first-time buyers often use co-borrowers. Family help for qualification.
Every situation is unique. The right loan program depends on your unique situation. See what works best for you.
Questions? Call (510) 589-4096 or email info@agoodlender.com
Colfax sits in the Sierra foothills of Placer County, about 52 minutes from Sacramento. Population is just 2,230, median household income $70,720. The homeownership rate here is 48.8%, which is low for a rural California town, and that tells you something important. At $440K median home price, you're paying close to metro prices for a mountain community with limited inventory. Most buyers here are either looking for the small-town lifestyle or they're priced out of Roseville and willing to make the commute.
If you've got kids, you're working with a small district setup. Colfax Elementary and Colfax High serve the town, while some families send kids to Placer Union High School nearby. The schools don't have the ratings or programs you'd find in Auburn or Roseville, which matters when you're thinking about resale. That 48.8% ownership rate means more than half the town rents, so you're not in a family-heavy ownership community like you'd find in the valley. For buyers, this means less competition from families but also a smaller pool of buyers when you eventually sell. If schools are your top priority, you'll want to look hard at the district before committing to a mortgage here.
Here's the thing about Colfax. It's small enough that neighborhoods don't really break into distinct price tiers like they would in a bigger town. Historic Downtown runs around $440K, the original town center along the railroad corridor with older homes and buildings. You're looking at conventional loans for most properties, though some of the older homes might need renovation financing if they haven't been updated. The inventory is tight because there just aren't that many homes, so when something decent hits the market, it moves. FHA can work here if the property meets condition standards, but a lot of these older mountain homes need some love, which can complicate financing.
The commute to Sacramento is 52 minutes on a good day, 34 minutes to Roseville. Interstate 80 is your lifeline, running through the area and connecting you to the valley and Tahoe. That commute is the trade-off for living in the foothills. If you work in Roseville or Sacramento, you're spending over an hour in the car daily, which is why a lot of Colfax residents work locally or remotely. Local transit exists but it's limited, so count on owning a vehicle. The drive keeps prices from going completely crazy like they have in Auburn, but you're still paying $440K for a town of 2,230 people.
The job market here is what you'd expect for a tiny foothill town. Placer Hills Union Elementary School District is the main employer, along with the City of Colfax and local retail and service businesses. Real talk, most people buying in Colfax either commute down the hill or they're retired and not worried about the job market. If you need local employment, your options are limited to education, municipal work, or service industry. The economy is stable but small, which is fine if you've already got income figured out. Just don't move here expecting a robust job market, because your mortgage payment will depend on income you're likely earning somewhere else.
Common questions from Colfax homebuyers and refinance clients. Can't find your answer? Book a 15-minute call with a Senior Loan Officer.
Pre-approval typically takes 24-72 hours. Full underwriting approval takes 14-21 days. We work with lenders offering express underwriting for strong borrowers who need faster closings.
Standard documents needed: pay stubs (last 30 days), W-2s (past 2 years), tax returns (past 2 years), bank statements (past 2 months), and photo ID. Self-employed borrowers need business tax returns and P&L statements. We'll provide a complete checklist for your situation.
Typical Colfax closing timeline: 30-45 days from accepted offer. VA/FHA loans may take slightly longer. Cash buyers close in 7-14 days. We work to meet your timeline and coordinate with all parties to close on schedule.
You have several low down payment options in Colfax: Conventional (3% down), FHA (3.5% down), VA (0% for veterans), and our 6-Month Forgivable Grant Program covering your entire down payment. Many Colfax buyers purchase with 3.5% or less down.
Our No Money Down program offers $0 down payment for qualified Colfax buyers. We also offer our 6-Month Forgivable Grant (covers 3-3.5% down, forgiven after 6 months), CalHFA programs, and local first-time buyer assistance. Unlike CalHFA's 5-year requirements, our programs have no income limits and no first-time buyer requirement.
Yes! Zero-down options for Colfax buyers include: VA loans (eligible veterans), USDA loans (eligible rural areas), and our 6-Month Forgivable Grant Program combined with seller concessions for closing costs. Many Colfax families purchase with minimal upfront cash.
2026 Placer County limits: FHA $764,750, Conventional $832,750. Any loan above $832,750 is a jumbo loan. Most Colfax properties fall within conforming limits, maximizing your financing options.
For Colfax's $500,000 median price: FHA is better for credit scores under 680 or down payments under 5%—it's more forgiving on DTI ratios too. Conventional is better with 5%+ down and 700+ credit (lower PMI costs). We compare both options for your specific situation.
A denial doesn't mean you can't buy in Colfax. We review your denial letter, identify the specific issues (credit, DTI, income documentation), and match you with lenders who have more flexible guidelines. Common solutions include FHA loans for credit flexibility, alternative documentation, or co-borrower structures.
Credit requirements by loan type: FHA accepts 580+ (or 500 with 10% down), conventional starts at 620, VA at 620+. Our zero-down grant program works with 640+. Higher scores (720+) get better rates, but we work with borrowers across the credit spectrum.
Absolutely—first-time buyers are our specialty in Colfax. We guide you through the entire process, help you understand FHA vs conventional vs VA options, identify all available down payment assistance in Placer County, and structure your purchase to minimize upfront costs.
You still have options in Colfax. FHA loans accept credit scores as low as 580 (or 500 with 10% down). We also offer credit improvement strategies and can connect you with rapid rescoring services to boost your score before applying. Many buyers improve 20-50 points within 30 days.
As a mortgage broker, we shop your scenario across 50+ wholesale lenders to find the best pricing. Unlike retail banks that only offer their own rates, we show you side-by-side comparisons with identical terms. No junk fees or hidden charges—just transparent pricing.
You work directly with a Senior Loan Officer (15+ years average experience) from application through closing—not a call center. We have local Placer County expertise, same-day underwriting decisions, and flexibility to solve complex situations that algorithm-based lenders decline.
Closing costs in Colfax typically run 2-4% of the purchase price. On a $500,000 home, expect $10,000-$20,000 covering appraisal, title insurance, escrow fees, and prepaids. FHA allows sellers to contribute up to 6% toward your closing costs.
Pre-approval typically takes 24-72 hours. Full underwriting approval takes 14-21 days. We work with lenders offering express underwriting for strong borrowers who need faster closings.
You have several low down payment options in Colfax: Conventional (3% down), FHA (3.5% down), VA (0% for veterans), and our 6-Month Forgivable Grant Program covering your entire down payment. Many Colfax buyers purchase with 3.5% or less down.
A denial doesn't mean you can't buy in Colfax. We review your denial letter, identify the specific issues (credit, DTI, income documentation), and match you with lenders who have more flexible guidelines. Common solutions include FHA loans for credit flexibility, alternative documentation, or co-borrower structures.
As a mortgage broker, we shop your scenario across 50+ wholesale lenders to find the best pricing. Unlike retail banks that only offer their own rates, we show you side-by-side comparisons with identical terms. No junk fees or hidden charges—just transparent pricing.
You work directly with a Senior Loan Officer (15+ years average experience) from application through closing—not a call center. We have local Placer County expertise, same-day underwriting decisions, and flexibility to solve complex situations that algorithm-based lenders decline.
Closing costs in Colfax typically run 2-4% of the purchase price. On a $500,000 home, expect $10,000-$20,000 covering appraisal, title insurance, escrow fees, and prepaids. FHA allows sellers to contribute up to 6% toward your closing costs.
Standard documents needed: pay stubs (last 30 days), W-2s (past 2 years), tax returns (past 2 years), bank statements (past 2 months), and photo ID. Self-employed borrowers need business tax returns and P&L statements. We'll provide a complete checklist for your situation.
Typical Colfax closing timeline: 30-45 days from accepted offer. VA/FHA loans may take slightly longer. Cash buyers close in 7-14 days. We work to meet your timeline and coordinate with all parties to close on schedule.
Credit requirements by loan type: FHA accepts 580+ (or 500 with 10% down), conventional starts at 620, VA at 620+. Our zero-down grant program works with 640+. Higher scores (720+) get better rates, but we work with borrowers across the credit spectrum.
2026 Placer County limits: FHA $764,750, Conventional $832,750. Any loan above $832,750 is a jumbo loan. Most Colfax properties fall within conforming limits, maximizing your financing options.
Our No Money Down program offers $0 down payment for qualified Colfax buyers. We also offer our 6-Month Forgivable Grant (covers 3-3.5% down, forgiven after 6 months), CalHFA programs, and local first-time buyer assistance. Unlike CalHFA's 5-year requirements, our programs have no income limits and no first-time buyer requirement.
Yes! Zero-down options for Colfax buyers include: VA loans (eligible veterans), USDA loans (eligible rural areas), and our 6-Month Forgivable Grant Program combined with seller concessions for closing costs. Many Colfax families purchase with minimal upfront cash.
Absolutely—first-time buyers are our specialty in Colfax. We guide you through the entire process, help you understand FHA vs conventional vs VA options, identify all available down payment assistance in Placer County, and structure your purchase to minimize upfront costs.
You still have options in Colfax. FHA loans accept credit scores as low as 580 (or 500 with 10% down). We also offer credit improvement strategies and can connect you with rapid rescoring services to boost your score before applying. Many buyers improve 20-50 points within 30 days.
For Colfax's $500,000 median price: FHA is better for credit scores under 680 or down payments under 5%—it's more forgiving on DTI ratios too. Conventional is better with 5%+ down and 700+ credit (lower PMI costs). We compare both options for your specific situation.
The FHA loan limit in Colfax is $765,000 for 2025, which is well above the typical home prices in the area. Since most homes in Colfax range from $300K to $450K, you'll have plenty of room to use an FHA loan with just 3.5% down. This makes FHA financing an excellent option for first. time buyers in the Colfax market.
You won't need a jumbo loan in Colfax for most homes. With a median home price around $440K and conforming loan limits at $833,000, nearly all properties fall well within conventional and FHA financing ranges. Jumbo loans are only necessary if you're looking at properties above $833,000, which are rare in this entry. level market.
For 2025 in Placer County, the conforming loan limit is $833,000, FHA is $765,000, and VA is $833,000. These limits are typically announced in November for the following year, so 2026 limits aren't yet available. Given Colfax's median price of $440K, current limits provide plenty of financing flexibility for buyers.
Yes, VA loans are available in Colfax with a loan limit of $833,000, which covers all typical homes in the area. If you're a qualified veteran or active military, VA loans offer 0% down with no PMI, making them one of the best options for homebuyers. With most Colfax homes priced well below the VA limit, you can purchase without needing a jumbo loan.
Our No Money Down program offers $0 down payment for qualified buyers, making homeownership immediately accessible in Colfax. CalHFA programs are also excellent options, providing down payment and closing cost assistance for first. time buyers with competitive rates. Additionally, Placer County may offer local DPA programs, and some areas of Colfax might qualify for USDA loans with zero down in eligible rural zones.
You can buy a home in Colfax with as little as 0% down through VA, USDA, or our No Money Down program. FHA loans require just 3.5% down (around $15,400 on a $440K home), while conventional loans typically need 3% to 5% down. With Colfax's median income at $70,720, down payment assistance programs are often essential for first. time buyers to bridge the gap.
You can qualify for an FHA loan in Colfax with a credit score as low as 580 for 3.5% down, or even 500 with 10% down. Conventional loans typically require a 620 minimum score, while VA loans are more flexible. Given that FHA dominates the Colfax market and most buyers are first. timers, scores in the 580. 680 range are common and workable.
Choose a lender experienced with Colfax's entry. level market who understands FHA loans and down payment assistance programs that first. time buyers need. Look for someone who can explain CalHFA, county DPA options, and creative financing solutions for buyers with limited savings. You'll want a lender who responds quickly, offers competitive rates, and has a track record of closing loans in Placer County successfully.
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