Mortgage broker serving Desert Hot Springs, 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 Desert Hot Springs buyers, we match your unique situation to the right program.
Desert Hot Springs's market offers opportunity for buyers who understand their financing options.
We've spent 40+ years solving these exact challenges.
We're here to help match you with the perfect loan program for your Desert Hot Springs 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 Desert Hot Springs home. We coordinate everything to make closing day smooth and stress-free.
Finding the right home loan in Desert Hot Springs starts with understanding your options. We've streamlined hundreds of mortgage programs into 8 clear categories for Desert Hot Springs 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 Desert Hot Springs 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 Desert Hot Springs 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 Desert Hot Springs purchases. Low down payment and credit flexibility for first-time buyers.
CalHFA is a strong option for Desert Hot Springs. State programs reduce out-of-pocket costs significantly.
Veterans buy Desert Hot Springs homes with $0 down. Full VA benefits cover all properties here.
Many Desert Hot Springs properties qualify for USDA zero-down loans. Rural designation required.
All Desert Hot Springs properties qualify for conforming loans. 3% down minimum for first-time buyers.
Desert Hot Springs local programs provide significant DPA. Stack with state programs for best results.
Bridge financing for Desert Hot Springs homeowners moving. Buy your next home without waiting to sell.
LLC financing available in Desert Hot Springs. Investors can purchase in entity names.
FHA streamline dominates Desert Hot Springs refinances. Quick approval with minimal paperwork.
VA IRRRL is the best refi for Desert Hot Springs veterans. No paperwork hassles, quick closing.
Many Desert Hot Springs homeowners with USDA loans can use streamline refinance. No appraisal needed.
Every Desert Hot Springs refinance qualifies for conforming rates. Best terms for rate reduction.
Desert Hot Springs owners can access equity through cash-out refi. Rates competitive with purchase loans.
Fixed home equity loan option in Desert Hot Springs. Predictable payments for major expenses.
DSCR financing for Desert Hot Springs investors. Buy rentals based on property income potential.
Fix-and-flip financing for Desert Hot Springs investors. Buy distressed properties, renovate, sell.
Commercial hard money in Desert Hot Springs. Quick funding when timing is critical.
Multifamily loans available for Desert Hot Springs 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 Desert Hot Springs buyers with qualifying income.
CalHFA is a strong option for Desert Hot Springs. State programs reduce out-of-pocket costs significantly.
Desert Hot Springs local programs provide significant DPA. Stack with state programs for best results.
Elite grants provide Desert Hot Springs down payment help. Free money for qualified buyers.
Many Desert Hot Springs properties qualify for USDA zero-down loans. Rural designation required.
Family property transfers in Desert Hot Springs benefit from gift of equity. No cash down payment needed.
Desert Hot Springs 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
Desert Hot Springs sits in the Coachella Valley about 108 minutes east of LA, tucked between Palm Springs and Joshua Tree. Population is 32,386, median household income $45,863. The homeownership rate here is 47%, below the California average, which tells you this is still a town with a lot of renters looking to buy. At $429K median home price, you're paying about the same as Apple Valley but getting access to the resort corridor and natural hot springs that drive tourism jobs. For a household earning around $46K, you'll need to stretch or look at FHA options with lower down payments.
The school ratings here run middle of the pack. Cabot Yerxa Elementary and Bubbling Wells Elementary both pull a 6, Julius Corsini Elementary a 5, Desert Hot Springs High a 6. These aren't numbers that'll wow you, but they're stable and the district serves the community well enough. If schools are your top priority, you might look at nearby Palm Springs or Cathedral City instead. But here's the thing: families who buy here are usually prioritizing affordability over test scores, and that lower homeownership rate means there's room to grow equity as more renters convert to buyers. The family neighborhoods like Demuth Park have stayed consistent, which matters when you're thinking about resale in five or ten years.
Where you buy in Desert Hot Springs directly affects your loan strategy and monthly payment. Demuth Park runs $350K-$450K, centered around the community park with playgrounds, and it's the go-to spot for first-time buyers using FHA loans with 3.5% down. Desert Park Estates sits at $380K-$480K with a mix of mid-century character homes and newer builds near those natural hot springs, conventional loans work fine here if you've got decent credit. El Rancho Vista Estates offers ranch-style homes on bigger yards, $400K-$520K, appeals to families wanting suburban space without leaving the desert. Little Beverly Hills is the outlier at $500K-$750K with custom builds and mountain views, you're looking at conventional or jumbo depending on the property, and these homes attract buyers who want resort-style living. The price spread between neighborhoods is wide enough that your down payment and loan type really shape where you can land.
The commute to LA is about 108 minutes on I-10, which is doable but not something you want to do five days a week. Most people who buy here either work locally in the hospitality and wellness industry or they're remote workers who want desert living at a discount compared to Palm Springs. You're close enough to the Coachella Valley job centers without paying Rancho Mirage prices. Public transit exists but it's limited, so count on owning a car. The real advantage is location: you're 20 minutes from Palm Springs, half an hour from Joshua Tree National Park, and surrounded by hiking and outdoor access that keeps property values stable even when the broader market dips.
Desert Sands Unified School District is the largest employer, followed by the City of Desert Hot Springs itself. Two Bunch Palms Resort & Spa and Desert Hot Springs Spa Hotel anchor the hospitality sector, and the Cabazon Band of Mission Indians operates nearby casinos that pull workers from the area. The economy here leans heavily on tourism, wellness, and service jobs tied to those natural hot springs that put the town on the map. Real talk: the median income of $45,863 is low for California, which is exactly why the homeownership rate sits at 47%. But that also means there's opportunity if you can qualify for a mortgage, because you're buying into a market where most people are still renting and property values have room to climb as the area develops.
Common questions from Desert Hot Springs 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 Desert Hot Springs 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 Desert Hot Springs: Conventional (3% down), FHA (3.5% down), VA (0% for veterans), and our 6-Month Forgivable Grant Program covering your entire down payment. Many Desert Hot Springs buyers purchase with 3.5% or less down.
Our No Money Down program offers $0 down payment for qualified Desert Hot Springs 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 Desert Hot Springs 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 Desert Hot Springs families purchase with minimal upfront cash.
2026 Riverside County limits: FHA $690,000, Conventional $832,750. Any loan above $832,750 is a jumbo loan. Most Desert Hot Springs properties fall within conforming limits, maximizing your financing options.
For Desert Hot Springs'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 Desert Hot Springs. 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 Desert Hot Springs. We guide you through the entire process, help you understand FHA vs conventional vs VA options, identify all available down payment assistance in Riverside County, and structure your purchase to minimize upfront costs.
You still have options in Desert Hot Springs. 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 Riverside County expertise, same-day underwriting decisions, and flexibility to solve complex situations that algorithm-based lenders decline.
Closing costs in Desert Hot Springs 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 Desert Hot Springs: Conventional (3% down), FHA (3.5% down), VA (0% for veterans), and our 6-Month Forgivable Grant Program covering your entire down payment. Many Desert Hot Springs buyers purchase with 3.5% or less down.
A denial doesn't mean you can't buy in Desert Hot Springs. 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 Riverside County expertise, same-day underwriting decisions, and flexibility to solve complex situations that algorithm-based lenders decline.
Closing costs in Desert Hot Springs 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 Desert Hot Springs 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 Riverside County limits: FHA $690,000, Conventional $832,750. Any loan above $832,750 is a jumbo loan. Most Desert Hot Springs properties fall within conforming limits, maximizing your financing options.
Our No Money Down program offers $0 down payment for qualified Desert Hot Springs 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 Desert Hot Springs 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 Desert Hot Springs families purchase with minimal upfront cash.
Absolutely—first-time buyers are our specialty in Desert Hot Springs. We guide you through the entire process, help you understand FHA vs conventional vs VA options, identify all available down payment assistance in Riverside County, and structure your purchase to minimize upfront costs.
You still have options in Desert Hot Springs. 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 Desert Hot Springs'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 Desert Hot Springs is $690,000 for 2025, which is well above the typical home prices in the area. Since most homes here range from $300K to $450K with a median of $429K, you'll have plenty of room to use an FHA loan for any property you're considering. FHA loans are extremely popular in Desert Hot Springs because they only require 3.5% down and accept credit scores as low as 580.
No, you won't need a jumbo loan in Desert Hot Springs. With a median home price of $429K and most homes priced between $300K and $450K, you're well below the conforming loan limit of $833,000. Standard FHA, VA, and conventional loans will cover virtually every home in the area.
For 2025 in Riverside County, the conforming loan limit is $833,000, the FHA limit is $690,000, and the VA loan limit is $833,000. These limits are more than sufficient for Desert Hot Springs, where the median home price is $429K. These limits typically adjust annually, so 2026 limits will be announced in November 2025.
Yes, VA loans are an excellent option in Desert Hot Springs with a loan limit of $833,000, which covers all homes in the area. If you're a qualified veteran or active military, you can buy with $0 down, no PMI, and competitive interest rates. VA loans are particularly valuable here since they help you preserve cash while buying in this entry. level market.
Our No Money Down program offers $0 down payment for qualified buyers, making homeownership immediately accessible in Desert Hot Springs. CalHFA programs are also game. changers here, offering down payment and closing cost assistance grants that don't need to be repaid. Additionally, some areas of Desert Hot Springs may qualify for USDA loans with zero down, and Riverside County offers local DPA programs perfect for first. time buyers earning around the median income of $45,863.
You can buy a home in Desert Hot Springs with as little as 3.5% down using an FHA loan, which would be around $15,000 on the median $429K home. However, many first. time buyers here use down payment assistance programs or VA loans to buy with $0 down. With the area's homeownership rate at just 47%, DPA programs are specifically designed to help buyers like you get into a home without draining your savings.
You can qualify for an FHA loan in Desert Hot Springs with a credit score as low as 580, which is the most common loan type in this market. If your score is between 500 and 579, you'll need 10% down for FHA, while conventional loans typically require 620 or higher. Given that Desert Hot Springs is an entry. level market with a median income of $45,863, lenders here regularly work with first. time buyers to find programs that fit their credit profile.
Choose a lender who specializes in first. time buyer programs and down payment assistance, which are critical in Desert Hot Springs's entry. level market. You'll want someone experienced with FHA loans and CalHFA programs who can help you navigate the options when you're working with limited savings. Look for a lender who offers personalized guidance and can explain how to maximize DPA programs to buy a home in the $300K to $450K range with minimal out. of. pocket costs.
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