Mortgage broker serving Rancho Mirage, 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 Rancho Mirage buyers, we match your unique situation to the right program.
Rancho Mirage buyers face financing complexity with many properties exceeding the $833K conforming limit.
We've spent 40+ years solving these exact challenges.
We're here to help match you with the perfect loan program for your Rancho Mirage 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 Rancho Mirage home. We coordinate everything to make closing day smooth and stress-free.
Finding the right home loan in Rancho Mirage starts with understanding your options. We've streamlined hundreds of mortgage programs into 8 clear categories for Rancho Mirage 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 Rancho Mirage 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 Rancho Mirage 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 Rancho Mirage buyers. Most homes under $833K with competitive rates.
Strong FHA option in Rancho Mirage. Low down payment gets you into most properties here.
$0 down for Rancho Mirage veterans. VA loans cover all properties with no PMI required.
Rancho Mirage business owners qualify on deposits. Tax write-offs reduce income on paper. Bank statements show reality.
CalHFA programs popular in Rancho Mirage. State assistance helps with down payment and closing costs.
Premium Rancho Mirage homes over $833K require jumbo loans. Less common but available for luxury properties.
Rancho Mirage sellers can buy first with bridge loans. Short-term financing until sale closes.
LLC financing options for Rancho Mirage investors. Buy rentals in entity names.
Conforming refinance for Rancho Mirage homeowners. Best rates for loans under $833K.
FHA streamline refinance for Rancho Mirage. Easiest way to lower your existing FHA rate.
VA streamline refi for Rancho Mirage veterans. Fastest way to reduce your mortgage payment.
Turn Rancho Mirage home equity into cash. Refinance at competitive rates for home improvements or debt.
HELOC available for Rancho Mirage homeowners. Access equity without replacing first mortgage.
Rancho Mirage owners can get home equity loans. Fixed rate for predictable payments.
DSCR loans work for Rancho Mirage investment properties. Cash flow analysis replaces income docs.
Fix-and-flip available for Rancho Mirage projects. Short-term financing for value-add investments.
Multifamily options for Rancho Mirage investors. Finance apartment buildings with commercial loans.
Rancho Mirage 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 Rancho Mirage buyers with qualifying income.
CalHFA programs popular in Rancho Mirage. State assistance helps with down payment and closing costs.
Rancho Mirage has local down payment programs. Combine with CalHFA for maximum assistance.
Elite grant available for Rancho Mirage buyers. Down payment assistance with no repayment.
Rancho Mirage family sales can use gift of equity. Equity difference becomes down payment.
Add a co-borrower for Rancho Mirage 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
Rancho Mirage sits in the Coachella Valley, part of the desert resort communities about two hours east of LA. Population is 17,257, median household income $105,557. The homeownership rate here is 81.3%, one of the highest in California, and that tells you something important: people buy here to stay, not flip. At $885K median home price, you're looking at a market where retirees and second-home buyers dominate, which means you'll need strong income or significant assets to qualify. Most conventional loans here require 20% down, so plan on bringing $177K to close on a median-priced property.
Real talk: Rancho Mirage isn't primarily a family town, and the school situation reflects that. Rancho Mirage High School and Rancho Mirage Elementary serve the area, but with a population under 18,000 and that $105K median income, most buyers here are empty nesters or retirees. If you're buying with school-age kids, you'll want to dig deep into the specific school ratings and talk to local families. The upside is that lower enrollment often means smaller class sizes. But here's what matters for your purchase: this isn't a market driven by school district boundaries like you'd see in Orange County suburbs, so resale value depends more on location, views, and property condition than test scores.
Where you buy in Rancho Mirage affects what kind of property you'll find and how you'll finance it. Thunderbird Heights runs around $885K and features upscale homes near golf courses, with many properties in gated communities that come with HOA fees running $300-$600 monthly. Conventional loans with 20% down are standard here, and lenders will factor those HOA dues into your debt-to-income ratio. Rancho Las Palmas centers around the Omni resort and hits that same $885K median, with a mix of single-family homes and luxury condos. If you're looking at condos, your lender will need to verify the HOA is Fannie Mae approved, which can add a week to your timeline. Both areas attract buyers who want resort-style living without the full-time resort price tag, and many properties here are second homes, which means you might face different down payment requirements if you're not making it your primary residence.
The commute to LA runs about two hours on I-10, which is exactly why Rancho Mirage works as a retirement destination but not a commuter town. San Francisco is nearly eight hours away, so don't even think about that drive. Local transit exists but let's be honest, you'll need a car here. The thing is, most buyers aren't commuting anywhere. They're retired, they work remotely, or they own the businesses they run locally. If you're financing a second home here while keeping your primary residence elsewhere, your lender will require reserves covering six months of payments on both properties, so factor that into your cash planning.
Eisenhower Medical Center is the major employer, followed by the City of Rancho Mirage itself and resort properties like The Ritz-Carlton and Omni Rancho Las Palmas. Sunnylands, the historic estate and retreat center, rounds out the top five. The job market here revolves around healthcare, hospitality, and municipal services, which means steady but not high-paying work for most positions. Here's what matters for your mortgage: if you're working locally in hospitality or retail, that $885K median price is probably out of reach on a single income. Most buyers here are bringing wealth from elsewhere, either through retirement accounts, business sales, or equity from previous homes. Lenders will look closely at your income sources, and if you're self-employed or living off investments, expect to provide two years of tax returns and detailed asset statements.
Common questions from Rancho Mirage 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 Rancho Mirage 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 Rancho Mirage: Conventional (3% down), FHA (3.5% down), VA (0% for veterans), and our 6-Month Forgivable Grant Program covering your entire down payment. Many Rancho Mirage buyers purchase with 3.5% or less down.
Our No Money Down program offers $0 down payment for qualified Rancho Mirage 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 Rancho Mirage 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 Rancho Mirage 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 Rancho Mirage properties fall within conforming limits, maximizing your financing options.
For Rancho Mirage'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 Rancho Mirage. 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 Rancho Mirage. 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 Rancho Mirage. 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 Rancho Mirage 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 Rancho Mirage: Conventional (3% down), FHA (3.5% down), VA (0% for veterans), and our 6-Month Forgivable Grant Program covering your entire down payment. Many Rancho Mirage buyers purchase with 3.5% or less down.
A denial doesn't mean you can't buy in Rancho Mirage. 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 Rancho Mirage 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 Rancho Mirage 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 Rancho Mirage properties fall within conforming limits, maximizing your financing options.
Our No Money Down program offers $0 down payment for qualified Rancho Mirage 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 Rancho Mirage 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 Rancho Mirage families purchase with minimal upfront cash.
Absolutely—first-time buyers are our specialty in Rancho Mirage. 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 Rancho Mirage. 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 Rancho Mirage'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 Rancho Mirage is $690,000 for 2025. This covers a good portion of homes in the area, though with the median home price at $885,000, you'll need to bring a larger down payment or consider other loan options for higher. priced properties.
You won't need a jumbo loan for most Rancho Mirage homes since the conforming loan limit is $833,000. With the median home price at $885,000, many buyers can use conventional financing, though homes above $833,000 will require jumbo loans. About half of the market falls within conforming limits, making standard financing very accessible.
For 2025, Riverside County loan limits are $833,000 for conforming loans, $690,000 for FHA, and $833,000 for VA loans. These limits typically adjust annually based on home price trends, so 2026 limits will be announced later this year by the Federal Housing Finance Agency.
Yes, VA loans are an excellent option in Rancho Mirage with a loan limit of $833,000 and no down payment required for eligible veterans. This covers many homes in the area, and VA loans remain highly competitive in this balanced market. For homes above $833,000, you can still use a VA loan but you'll need a down payment on the amount exceeding the limit.
Our No Money Down program offers $0 down payment for qualified buyers, making homeownership immediately accessible in Rancho Mirage. You can also explore CalHFA programs offering down payment and closing cost assistance, as well as Riverside County housing programs designed for first. time and moderate. income buyers. With the median income at $105,557, many Rancho Mirage buyers qualify for multiple assistance options.
Down payments in Rancho Mirage vary by loan type, with conventional loans requiring as little as 3% ($26,550 on an $885,000 home), FHA loans requiring 3.5%, and VA loans offering $0 down for eligible veterans. Many buyers in this market put down 5. 10% to stay competitive while keeping monthly payments manageable.
Most lenders require a minimum credit score of 620 for conventional loans in Rancho Mirage, while FHA loans can go as low as 580 with 3.5% down. With the area's median price of $885,000, having a score of 680 or higher will give you access to better rates and more loan options. VA loans typically require around 620 as well, though some lenders may be more flexible.
Look for a lender experienced with Rancho Mirage's balanced market who can offer multiple loan products including conforming, FHA, and VA options. Compare rates, fees, and closing timelines from at least three lenders, and choose one who understands the local market dynamics and can close on time. A lender familiar with Riverside County programs and the $600K. $900K price range will serve you best.
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