Mortgage broker serving Palm 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 Palm Springs buyers, we match your unique situation to the right program.
Palm Springs's competitive market demands strong pre-approval and flexible loan options.
We've spent 40+ years solving these exact challenges.
We're here to help match you with the perfect loan program for your Palm 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 Palm Springs home. We coordinate everything to make closing day smooth and stress-free.
Finding the right home loan in Palm Springs starts with understanding your options. We've streamlined hundreds of mortgage programs into 8 clear categories for Palm 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 Palm 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 Palm 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 |
| 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 Palm Springs buyers. Most homes under $833K with competitive rates.
Strong FHA option in Palm Springs. Low down payment gets you into most properties here.
$0 down for Palm Springs veterans. VA loans cover all properties with no PMI required.
Palm Springs business owners qualify on deposits. Tax write-offs reduce income on paper. Bank statements show reality.
CalHFA programs popular in Palm Springs. State assistance helps with down payment and closing costs.
Premium Palm Springs homes over $833K require jumbo loans. Less common but available for luxury properties.
Palm Springs sellers can buy first with bridge loans. Short-term financing until sale closes.
LLC financing options for Palm Springs investors. Buy rentals in entity names.
Conforming refinance for Palm Springs homeowners. Best rates for loans under $833K.
FHA streamline refinance for Palm Springs. Easiest way to lower your existing FHA rate.
VA streamline refi for Palm Springs veterans. Fastest way to reduce your mortgage payment.
Turn Palm Springs home equity into cash. Refinance at competitive rates for home improvements or debt.
HELOC available for Palm Springs homeowners. Access equity without replacing first mortgage.
Palm Springs owners can get home equity loans. Fixed rate for predictable payments.
DSCR loans work for Palm Springs investment properties. Cash flow analysis replaces income docs.
Fix-and-flip available for Palm Springs projects. Short-term financing for value-add investments.
Multifamily options for Palm Springs investors. Finance apartment buildings with commercial loans.
Palm Springs 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 Palm Springs buyers with qualifying income.
CalHFA programs popular in Palm Springs. State assistance helps with down payment and closing costs.
Palm Springs has local down payment programs. Combine with CalHFA for maximum assistance.
Elite grant available for Palm Springs buyers. Down payment assistance with no repayment.
Palm Springs family sales can use gift of equity. Equity difference becomes down payment.
Add a co-borrower for Palm Springs 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
Palm Springs sits in the Coachella Valley about 110 miles east of LA. Population is 44,935, median household income $67,451. The homeownership rate here is 64.7%, and the median home price is $697,500. That's significantly higher than most of California's desert communities, but here's the thing: you're paying for a specific lifestyle and a market that's held value through multiple cycles. This isn't a commuter town where you're trading drive time for affordability. It's a destination market where second homes, retirees, and remote workers drive prices.
Real talk: Palm Springs isn't primarily a family-focused market like you'd find in suburban tracts. Palm Springs High serves the area, along with Raymond Cree and Nellie Coffman middle schools, and Katherine Finchy Elementary. The schools are functional, but most buyers here aren't making decisions based on school ratings. The demographic skews older and childless, which affects everything from HOA priorities to resale strategies. If you're buying with school-age kids, you'll want to dig deep into specific school performance and consider how the market's retiree focus might impact your resale pool down the road.
The neighborhoods here all cluster around that $698K median, but what you're buying varies wildly. Old Las Palmas is where the serious mid-century architecture lives, original celebrity homes from the 40s and 50s, and buyers here typically use conventional or jumbo loans depending on condition and lot size. Movie Colony offers the same era and aesthetic, another Hollywood retreat area that commands premium prices for authentic period homes. Uptown Design District along North Palm Canyon pulls design-focused buyers who want walkability to galleries and shops. Downtown Palm Springs proper gives you the most urban feel, closest to restaurants and nightlife on Palm Canyon Drive. The loan structure across all these areas tends conventional or jumbo, and you'll see a lot of cash buyers and second-home purchases that can make competing tough if you're financing.
The commute to LA is 110 minutes on a good day, but almost nobody buying in Palm Springs is commuting. That's the point. This is a market built on people who don't have to commute: retirees, second-home owners, remote workers, and hospitality industry employees who work locally. There's local transit, but this is a car town for daily life. The distance from major job centers is exactly why Palm Springs maintains its resort character instead of turning into another bedroom community. If you need to commute regularly to LA or even Riverside, you're fighting geography in a way that'll wear you down and hurt your quality of life.
The employment base here tells you everything about the market. Desert Regional Medical Center and Eisenhower Health provide healthcare jobs. Palm Springs Unified School District and the City of Palm Springs offer public sector stability. But the biggest economic driver is the Agua Caliente Band of Cahuilla Indians, which runs major casino and hospitality operations. Tourism, hospitality, healthcare, and retail dominate the job mix. The economy runs on people visiting and people retiring here, not on traditional suburban employment patterns. That affects mortgage underwriting too since lenders look at local job stability, and hospitality income can be seasonal or variable compared to other sectors.
Common questions from Palm 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 Palm 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 Palm 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 Palm Springs buyers purchase with 3.5% or less down.
Our No Money Down program offers $0 down payment for qualified Palm 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 Palm 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 Palm 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 Palm Springs properties fall within conforming limits, maximizing your financing options.
For Palm 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 Palm 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 Palm 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 Palm 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 Palm 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 Palm 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 Palm Springs buyers purchase with 3.5% or less down.
A denial doesn't mean you can't buy in Palm 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 Palm 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 Palm 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 Palm Springs properties fall within conforming limits, maximizing your financing options.
Our No Money Down program offers $0 down payment for qualified Palm 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 Palm 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 Palm Springs families purchase with minimal upfront cash.
Absolutely—first-time buyers are our specialty in Palm 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 Palm 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 Palm 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 Palm Springs is $690,000 for 2026. This covers most homes in the area since the median home price is around $698,000, though you'll need to bring a larger down payment or consider conventional financing for properties at or above this limit.
Most buyers in Palm Springs won't need a jumbo loan since the conforming loan limit is $833,000 and the median home price is $698,000. You'll only need a jumbo loan if you're purchasing a home above $833,000, which represents the higher end of the local market.
For 2026, Riverside County loan limits are $690,000 for FHA loans, $833,000 for VA loans, and $833,000 for conforming conventional loans. These limits apply to Palm Springs and cover the majority of homes available in the area's balanced market.
Yes, VA loans are very competitive in Palm Springs with a loan limit of $833,000, which covers virtually all homes in the market. If you're a qualified veteran or active military, you can purchase most properties with $0 down and no mortgage insurance, making it an excellent option for the area's median $698,000 home price.
Our No Money Down program offers $0 down payment for qualified buyers, making homeownership immediately accessible. Additionally, CalHFA offers down payment assistance programs, and Riverside County provides various first. time homebuyer grants that can help with both down payment and closing costs in Palm Springs's middle. tier market.
Down payment requirements vary by loan type in Palm Springs. Conventional loans typically require 3. 5% down ($21,000. $35,000 on a $698,000 home), FHA loans need 3.5% down (about $24,000), and VA loans offer $0 down for eligible veterans, making them particularly attractive in this market.
Most lenders require a minimum credit score of 620 for conventional loans and 580 for FHA loans in Palm Springs. However, you'll typically get better interest rates with a score of 680 or higher, which can save you significantly on a median. priced $698,000 home over the life of your loan.
Look for a lender experienced with Palm Springs's balanced market who can offer competitive rates on conforming, FHA, and VA loans. Compare loan estimates from multiple lenders, check their familiarity with local down payment assistance programs, and choose someone responsive who can close on time in this moderately competitive market.
Fill out the form below and we'll reach out to discuss your Palm Springs mortgage options.
We respond within 24 hours
