Mortgage broker serving Placerville, 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 Placerville buyers, we match your unique situation to the right program.
Placerville'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 Placerville 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 Placerville home. We coordinate everything to make closing day smooth and stress-free.
Finding the right home loan in Placerville starts with understanding your options. We've streamlined hundreds of mortgage programs into 8 clear categories for Placerville 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 Placerville 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 Placerville 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 Placerville purchases. Low down payment and credit flexibility for first-time buyers.
CalHFA is a strong option for Placerville. State programs reduce out-of-pocket costs significantly.
Veterans buy Placerville homes with $0 down. Full VA benefits cover all properties here.
Many Placerville properties qualify for USDA zero-down loans. Rural designation required.
All Placerville properties qualify for conforming loans. 3% down minimum for first-time buyers.
Placerville local programs provide significant DPA. Stack with state programs for best results.
Bridge financing for Placerville homeowners moving. Buy your next home without waiting to sell.
LLC financing available in Placerville. Investors can purchase in entity names.
FHA streamline dominates Placerville refinances. Quick approval with minimal paperwork.
VA IRRRL is the best refi for Placerville veterans. No paperwork hassles, quick closing.
Many Placerville homeowners with USDA loans can use streamline refinance. No appraisal needed.
Every Placerville refinance qualifies for conforming rates. Best terms for rate reduction.
Placerville owners can access equity through cash-out refi. Rates competitive with purchase loans.
Fixed home equity loan option in Placerville. Predictable payments for major expenses.
DSCR financing for Placerville investors. Buy rentals based on property income potential.
Fix-and-flip financing for Placerville investors. Buy distressed properties, renovate, sell.
Commercial hard money in Placerville. Quick funding when timing is critical.
Multifamily loans available for Placerville 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 Placerville buyers with qualifying income.
CalHFA is a strong option for Placerville. State programs reduce out-of-pocket costs significantly.
Placerville local programs provide significant DPA. Stack with state programs for best results.
Elite grants provide Placerville down payment help. Free money for qualified buyers.
Many Placerville properties qualify for USDA zero-down loans. Rural designation required.
Family property transfers in Placerville benefit from gift of equity. No cash down payment needed.
Placerville 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
Placerville sits in the Sierra foothills about 44 minutes east of Sacramento. Population is 10,744, median household income $68,640. The homeownership rate here is 62.3%, which tells you people commit when they buy in this area. At $447K median home price, you're paying more than the Central Valley but less than Sacramento proper, and you're getting actual Gold Rush history and mountain access. For a household pulling in $70K, you'll need to get creative with down payment assistance or consider FHA to make the numbers work, but it's doable.
If you've got kids, you're looking at El Dorado High School, Markham Middle School, and Sierra Ridge Middle School as your main options. The El Dorado Union High School District is actually one of the major employers here, which means the community invests in education and those jobs provide stability. School quality matters for resale value down the road, and buyers with families tend to research the district before they even look at houses. The 62.3% homeownership rate means your neighbors are mostly owners, not renters, which typically translates to more stable neighborhoods. When you're financing a $447K home, knowing the schools won't tank your property value in five years matters.
Historic Downtown centers on Main Street with actual Gold Rush era buildings, not replicas. You're looking at $447K for properties here, mix of older homes with character and some updated places. The historic designation can affect what renovations you can do, which matters if you're planning to buy a fixer and use a renovation loan. Cedar Ravine runs around the same price point with a mix of housing types, more standard suburban feel. Both areas work fine with conventional loans if you've got the 20% down, but FHA is common here for buyers who want in without waiting years to save up. The small town size means inventory moves fast when it's priced right.
The commute to Sacramento runs 44 minutes, Roseville about 48 minutes. That's the trade you're making for mountain living and historic charm. There's local transit available, but real talk, most people drive. If you work in Sacramento and can handle the commute, you're getting more house and better weather than you'd find in Rancho Cordova or Citrus Heights at the same price point. If you're remote or work locally, you're in good shape. The drive keeps prices from hitting Sacramento levels, which is the only reason a $68K household income can still qualify here.
El Dorado County government is the biggest employer, followed by Marshall Medical Center and the El Dorado Union High School District. Safeway and other retail businesses round out the mix. The job base is public sector heavy, which means steady paychecks and decent benefits, both good signs for mortgage lenders. Healthcare and education jobs don't disappear overnight, so the local economy stays relatively stable even when things get rocky elsewhere. Most buyers here either work for one of these employers or commute to Sacramento for higher paying jobs. The income mix means you'll see everything from FHA to conventional to the occasional jumbo for higher earners buying second homes or retirement properties.
Common questions from Placerville 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 Placerville 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 Placerville: Conventional (3% down), FHA (3.5% down), VA (0% for veterans), and our 6-Month Forgivable Grant Program covering your entire down payment. Many Placerville buyers purchase with 3.5% or less down.
Our No Money Down program offers $0 down payment for qualified Placerville 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 Placerville 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 Placerville families purchase with minimal upfront cash.
2026 El Dorado County limits: FHA $764,750, Conventional $832,750. Any loan above $832,750 is a jumbo loan. Most Placerville properties fall within conforming limits, maximizing your financing options.
For Placerville'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 Placerville. 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 Placerville. We guide you through the entire process, help you understand FHA vs conventional vs VA options, identify all available down payment assistance in El Dorado County, and structure your purchase to minimize upfront costs.
You still have options in Placerville. 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 El Dorado County expertise, same-day underwriting decisions, and flexibility to solve complex situations that algorithm-based lenders decline.
Closing costs in Placerville 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 Placerville: Conventional (3% down), FHA (3.5% down), VA (0% for veterans), and our 6-Month Forgivable Grant Program covering your entire down payment. Many Placerville buyers purchase with 3.5% or less down.
A denial doesn't mean you can't buy in Placerville. 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 El Dorado County expertise, same-day underwriting decisions, and flexibility to solve complex situations that algorithm-based lenders decline.
Closing costs in Placerville 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 Placerville 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 El Dorado County limits: FHA $764,750, Conventional $832,750. Any loan above $832,750 is a jumbo loan. Most Placerville properties fall within conforming limits, maximizing your financing options.
Our No Money Down program offers $0 down payment for qualified Placerville 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 Placerville 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 Placerville families purchase with minimal upfront cash.
Absolutely—first-time buyers are our specialty in Placerville. We guide you through the entire process, help you understand FHA vs conventional vs VA options, identify all available down payment assistance in El Dorado County, and structure your purchase to minimize upfront costs.
You still have options in Placerville. 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 Placerville'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 Placerville is $765,000 for 2025. This is well above the median home price of $447,000, so FHA loans work great for most homes in the area. You'll only need a 3.5% down payment with a credit score as low as 580.
No, you won't need a jumbo loan for most Placerville homes. With the conforming loan limit at $833,000 and most homes priced between $300K and $450K, standard FHA, conventional, and VA loans will cover your purchase. Jumbo loans are only necessary if you're buying above $833,000, which is rare in this market.
For 2025, El Dorado County loan limits are $765,000 for FHA, $833,000 for VA, and $833,000 for conforming conventional loans. These limits typically adjust annually in January, so 2026 limits will be announced in late 2025. The current limits comfortably cover Placerville's median home price of $447,000.
Yes, VA loans are available in Placerville with a loan limit of $833,000. If you're a qualified veteran or active military, you can buy with $0 down and no mortgage insurance, which is a huge advantage in this market. VA loans are one of the best options for eligible buyers in the $300K to $450K price range.
Our No Money Down program offers $0 down payment for qualified buyers in Placerville. CalHFA programs are also popular here, offering down payment and closing cost assistance for first. time buyers, and some areas may qualify for USDA loans with zero down. El Dorado County may have additional local programs to help with your purchase.
You can buy a Placerville home with as little as 3.5% down using an FHA loan, which means about $15,600 on a $447,000 home. VA and USDA loans offer $0 down for eligible buyers, and our No Money Down program can help qualified buyers purchase without any down payment. Conventional loans typically require 3% to 5% down for first. time buyers.
You can qualify for an FHA loan in Placerville with a credit score as low as 580, making homeownership accessible for many first. time buyers. Conventional loans typically require a 620 minimum, while VA loans are often approved with scores around 580 to 620. If your score needs work, many lenders offer guidance to help you improve it before applying.
Look for a Placerville lender who understands the local market and has experience with FHA loans and down payment assistance programs that are crucial in this price range. Ask about their rates, fees, and familiarity with CalHFA and local DPA options. A good lender will explain all your options clearly and help you navigate programs that make homeownership possible with limited savings.
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