Mortgage broker serving Del Rey Oaks, 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 Del Rey Oaks buyers, we match your unique situation to the right program.
Del Rey Oaks offers solid value, but buyers still need strategic financing to compete effectively.
We've spent 40+ years solving these exact challenges.
We're here to help match you with the perfect loan program for your Del Rey Oaks 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 Del Rey Oaks home. We coordinate everything to make closing day smooth and stress-free.
Finding the right home loan in Del Rey Oaks starts with understanding your options. We've streamlined hundreds of mortgage programs into 8 clear categories for Del Rey Oaks 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 Del Rey Oaks 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 Del Rey Oaks 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 |
| Conventional | 3-20% | 620+ | Good credit, stable income. Max: $832,750 |
| FHA | 3.5% minimum | 580+ | First-time buyers with limited savings |
| VA | $0 | No minimum | Veterans, active military, surviving spouses |
| Jumbo | 15-20% | 680+ | Properties exceeding $832,750 |
| Bank Statement | 10-20% | 660+ | Self-employed buyers who write off business expenses |
| DSCR | 20-25% | 660+ | Rental income properties, real estate investors |
| Reverse Mortgage | N/A | No minimum | Homeowners 62+ tapping equity without payments |
Questions? Call (510) 589-4096 or email info@agoodlender.com
Standard option for Del Rey Oaks buyers. Most homes under $995K with competitive rates.
Strong FHA option in Del Rey Oaks. Low down payment gets you into most properties here.
$0 down for Del Rey Oaks veterans. VA loans cover all properties with no PMI required.
Del Rey Oaks business owners qualify on deposits. Tax write-offs reduce income on paper. Bank statements show reality.
CalHFA programs popular in Del Rey Oaks. State assistance helps with down payment and closing costs.
Premium Del Rey Oaks homes over $995K require jumbo loans. Less common but available for luxury properties.
Del Rey Oaks sellers can buy first with bridge loans. Short-term financing until sale closes.
LLC financing options for Del Rey Oaks investors. Buy rentals in entity names.
Conforming refinance for Del Rey Oaks homeowners. Best rates for loans under $995K.
FHA streamline refinance for Del Rey Oaks. Easiest way to lower your existing FHA rate.
VA streamline refi for Del Rey Oaks veterans. Fastest way to reduce your mortgage payment.
Turn Del Rey Oaks home equity into cash. Refinance at competitive rates for home improvements or debt.
HELOC available for Del Rey Oaks homeowners. Access equity without replacing first mortgage.
Del Rey Oaks owners can get home equity loans. Fixed rate for predictable payments.
DSCR loans work for Del Rey Oaks investment properties. Cash flow analysis replaces income docs.
Fix-and-flip available for Del Rey Oaks projects. Short-term financing for value-add investments.
Multifamily options for Del Rey Oaks investors. Finance apartment buildings with commercial loans.
Del Rey Oaks investors use hard money for quick closes. Higher rate but fast funding.
Buy a home with zero down payment. Our lenders cover your entire down payment through grant programs. No repayment required. Available for Del Rey Oaks buyers with qualifying income.
CalHFA programs popular in Del Rey Oaks. State assistance helps with down payment and closing costs.
Del Rey Oaks has local down payment programs. Combine with CalHFA for maximum assistance.
Elite grant available for Del Rey Oaks buyers. Down payment assistance with no repayment.
Del Rey Oaks family sales can use gift of equity. Equity difference becomes down payment.
Add a co-borrower for Del Rey Oaks purchases. Family member income boosts 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
Del Rey Oaks is a tiny city of just 1,491 people tucked between Seaside and Monterey on the Central Coast. Median household income sits at $48,897, homeownership rate is 51.9%, and median home price is $600K. Here's the thing: you're paying a premium to live in this postage-stamp town because it gets you Monterey Peninsula access without the full Monterey price tag. That $600K median is still steep for a household making under $50K, which explains why the ownership rate barely clears 50%. You'll need solid income, good credit, or a hefty down payment to make the numbers work here.
Del Rey Woods Elementary pulls an 8 rating, which is strong and a real selling point if you've got young kids. But you need to think past elementary school before you commit to a mortgage here. Seaside Middle and Seaside High both rate a 6, which isn't bad but isn't going to wow anyone either. The truth is, families buy in Del Rey Woods specifically because of that elementary school, and the neighborhood prices reflect it at $575K-$675K. If you're planning to stay through high school, factor in whether those middle and high school ratings work for your family, because switching districts later or paying for private school changes your housing budget math pretty quickly.
Del Rey Woods runs $575K-$675K and centers around the elementary school with mature trees and walkable streets. This is where families with kids land, and conventional loans with 10-20% down are the norm since you're looking at solid middle-class buyers stretching their budgets. Del Rey Oaks Residential sits at $550K-$650K with a mix of older ranch homes and newer builds on tree-lined streets near Highway 68. You'll see both conventional and FHA loans here depending on the property condition and buyer profile. Canyon Del Rey is the entry point at $500K-$625K along the main road with condos mixed in alongside single-family homes. Condos can open up FHA and low-down-payment conventional options, but make sure you check the HOA fees because they'll affect your debt-to-income ratio when you apply for financing.
You're two hours from San Francisco and five hours from LA, so this isn't a commuter town for either metro. Highway 68 runs right through and connects you to Monterey and Salinas, but most people who buy here work locally on the Peninsula. The lack of a brutal commute is actually part of what you're paying for. If you've got a job at the Naval Postgraduate School, Monterey Bay Aquarium, or anywhere in Monterey or Seaside, your drive is under 15 minutes. That quality of life factor keeps demand steady and prices high even in a tiny market like this.
The Naval Postgraduate School is the big employer anchor for the whole Peninsula, and it brings stable federal jobs and contractors. Monterey Bay Aquarium, Monterey Peninsula College, and York School add education and tourism sector work. City of Seaside provides public sector jobs right next door. The job market here isn't huge, but it's steady, and a lot of buyers are military-connected or work in education and tourism. If you're VA-eligible, that's a huge advantage in this price range since you can finance up to the VA loan limit with zero down. For everyone else, you're looking at needing $30K-$60K down for a conventional loan depending on where in town you're buying.
Common questions from Del Rey Oaks 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 Del Rey Oaks 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 Del Rey Oaks: Conventional (3% down), FHA (3.5% down), VA (0% for veterans), and our 6-Month Forgivable Grant Program covering your entire down payment. Many Del Rey Oaks buyers purchase with 3.5% or less down.
Our No Money Down program offers $0 down payment for qualified Del Rey Oaks 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 Del Rey Oaks 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 Del Rey Oaks families purchase with minimal upfront cash.
2026 Monterey County limits: FHA $994,750, Conventional $994,750. Any loan above $994,750 is a jumbo loan. Most Del Rey Oaks properties fall within conforming limits, maximizing your financing options.
For Del Rey Oaks'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 Del Rey Oaks. 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 Del Rey Oaks. We guide you through the entire process, help you understand FHA vs conventional vs VA options, identify all available down payment assistance in Monterey County, and structure your purchase to minimize upfront costs.
You still have options in Del Rey Oaks. 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 Monterey County expertise, same-day underwriting decisions, and flexibility to solve complex situations that algorithm-based lenders decline.
Closing costs in Del Rey Oaks 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 Del Rey Oaks: Conventional (3% down), FHA (3.5% down), VA (0% for veterans), and our 6-Month Forgivable Grant Program covering your entire down payment. Many Del Rey Oaks buyers purchase with 3.5% or less down.
A denial doesn't mean you can't buy in Del Rey Oaks. 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 Monterey County expertise, same-day underwriting decisions, and flexibility to solve complex situations that algorithm-based lenders decline.
Closing costs in Del Rey Oaks 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 Del Rey Oaks 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 Monterey County limits: FHA $994,750, Conventional $994,750. Any loan above $994,750 is a jumbo loan. Most Del Rey Oaks properties fall within conforming limits, maximizing your financing options.
Our No Money Down program offers $0 down payment for qualified Del Rey Oaks 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 Del Rey Oaks 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 Del Rey Oaks families purchase with minimal upfront cash.
Absolutely—first-time buyers are our specialty in Del Rey Oaks. We guide you through the entire process, help you understand FHA vs conventional vs VA options, identify all available down payment assistance in Monterey County, and structure your purchase to minimize upfront costs.
You still have options in Del Rey Oaks. 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 Del Rey Oaks'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 Del Rey Oaks is $995,000 for 2026, which covers most homes in this area. With median home prices around $600,000, FHA loans are an excellent option for buyers who want the flexibility of a lower down payment. You can purchase a typical Del Rey Oaks home with as little as 3.5% down using an FHA loan.
Most buyers in Del Rey Oaks won't need a jumbo loan since the conforming loan limit is $995,000 and median home prices are around $600,000. You'll only need a jumbo loan if you're purchasing a home above $995,000, which represents the higher end of the local market. The majority of Del Rey Oaks properties fall well within conventional and FHA loan limits.
For 2026, Monterey County loan limits are $995,000 for conforming, FHA, and VA loans. These limits apply to single. family homes and give buyers in Del Rey Oaks excellent financing options across all major loan programs. The high loan limits reflect the county's coastal California housing market.
Yes, VA loans are very competitive in Del Rey Oaks with a loan limit of $995,000, which covers virtually all homes in the area. If you're a qualified veteran or active. duty service member, you can purchase a home with $0 down and no mortgage insurance. VA loans are particularly attractive in this market given the median home price of $600,000.
Our No Money Down program offers $0 down payment for qualified buyers in Del Rey Oaks. Additionally, CalHFA offers down payment assistance programs with grants and deferred. payment junior loans, and Monterey County may have local programs for first. time and moderate. income buyers. These programs are especially valuable given the area's median income of $48,897 and typical home prices in the $600K. $900K range.
Down payment requirements in Del Rey Oaks vary by loan type: conventional loans typically require 3. 5% down, FHA loans need just 3.5%, and VA loans offer $0 down for eligible veterans. On a $600,000 home, that's as little as $18,000 for conventional or $21,000 for FHA, though down payment assistance programs can help reduce or eliminate this amount.
You can qualify for an FHA loan in Del Rey Oaks with a credit score as low as 580, while conventional loans typically require a minimum of 620. VA loans are also accessible with scores around 580. 620, depending on the lender. If your score is below these thresholds, working on credit improvement for a few months can open up more financing options.
Choose a lender experienced with Del Rey Oaks and Monterey County's market, especially one familiar with the $600K. $900K price range typical here. Look for competitive rates on conforming, FHA, and VA loans, and ask about their experience with down payment assistance programs that can make homeownership more accessible. A local lender who understands the area's balanced market and mixed buyer pool will provide the most relevant guidance for your situation.
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