Are you or anyone you know looking to buy, sell or refinance? Check out our website for all the answers to your questions!
unsplash-image-DXBwiwr6vrY.jpg

Sacramento Housing Blog

Sacramento Housing Blog

Learn more about the housing market…

New posts each week!

Why Buying a Home is the Best Investment

Welcome to The Chris Kennedy Team Mortgage Blog

Honest, local, easy-to-understand mortgage guidance for buyers and homeowners across Sacramento, Placer, El Dorado, and Yolo Counties.

Hi — I'm Chris Kennedy. For years, I've helped first-time buyers, veterans, families upsizing into their forever homes, and seasoned investors navigate one of the biggest financial decisions of their lives: getting a mortgage in the greater Sacramento area.

This blog exists for one simple reason. Most mortgage advice online is generic, confusing, or written by people who've never closed a loan in Sacramento, Roseville, Folsom, El Dorado Hills, or Davis. I wanted to change that.

Every post on this site is written for you — the buyer, homeowner, or veteran trying to make sense of mortgages in a real Northern California market. Real numbers. Real neighborhoods. Real programs that actually work here.

What you'll find on this blog

Whether you're brand new to homebuying or you've owned for decades, you'll find practical, local guidance on every part of the mortgage process. The articles below cover:

For first-time buyers — How to qualify, how much you really need to put down, how to use CalHFA assistance, and how to stop waiting and start owning.

For veterans, active-duty service members, and surviving spouses — Everything you need to know about putting your VA home loan benefit to work in Sacramento, Roseville, Folsom, and beyond. Zero down. No PMI. The benefit you earned.

For move-up buyers and luxury buyers — Jumbo loan strategies for higher-priced markets like El Dorado Hills, Granite Bay, Serrano, and Bass Lake — including how to qualify, what reserves you'll need, and how to compete in luxury bidding wars.

For investors and wealth-builders — How to use FHA multi-family loans (yes, with just 3.5% down) to "house hack" your first investment property, plus the long-term wealth-building strategy that real estate quietly delivers better than almost any other investment.

For buyers in rural and semi-rural areas — A breakdown of USDA loans across Placer, El Dorado, and Yolo counties, where surprisingly large portions of the region qualify for $0-down financing.

For credit-building buyers — How FHA loans help buyers with imperfect credit get into Sacramento-area homes, plus practical credit improvement strategies that actually move the needle.

Why this blog is different

Three things set this content apart:

It's local. Every article names real neighborhoods, real Sacramento-area home prices, and real programs available in Sacramento, Placer, El Dorado, and Yolo counties — not vague national advice.

It's honest. I tell you what works, what doesn't, what the catches are, and when a loan isn't right for you. No high-pressure pitches. No fine print buried at the bottom.

It's actionable. Every post is built so that by the end, you know what to do next — whether that's running numbers, checking eligibility, or starting a conversation.

A little about me

I've spent my career helping Sacramento-area families navigate mortgages — through every kind of market, every kind of loan, and every kind of buyer situation. I've helped:

  • First-time buyers close with $0–$5,000 out of pocket using FHA + CalHFA strategies

  • Veterans buy in Sacramento, Roseville, Folsom, and El Dorado Hills with zero down

  • Move-up families step into luxury markets using jumbo financing

  • Investors build long-term wealth through smart house-hacking and refinance strategies

  • Self-employed borrowers other lenders turned away find creative solutions

My team and I serve the entire greater Sacramento region, including:

  • Sacramento County — Sacramento, Elk Grove, Folsom, Citrus Heights, Rancho Cordova, Antelope, Natomas

  • Placer County — Roseville, Rocklin, Lincoln, Auburn, Loomis, Granite Bay

  • El Dorado County — El Dorado Hills, Cameron Park, Placerville, Diamond Springs, Pollock Pines

  • Yolo County — Davis, Woodland, West Sacramento, Winters, Esparto

If you're buying anywhere in Northern California, there's a good chance we can help.

Start exploring

Scroll down to find articles tailored to your situation. If you're not sure where to begin, here are three good starting points:

Ready to talk?

Reading is great — but a 15-minute conversation will tell you more about what's possible for your specific situation than any article ever could. No pressure, no obligation, no salesy follow-up calls.

Chris Kennedy | The Chris Kennedy Team NMLS# 971546 Mortgage Lender serving Sacramento, Placer, El Dorado, and Yolo Counties www.thechriskennedyteam.com

[CALL NOW] | [GET PRE-APPROVED] | [SEND ME A MESSAGE]

The Chris Kennedy Team specializes in FHA, VA, USDA, conventional, jumbo, and CalHFA loans throughout Sacramento, Roseville, Folsom, El Dorado Hills, Granite Bay, Davis, Woodland, Auburn, Lincoln, Rocklin, Cameron Park, and the surrounding Northern California region. Browse the articles below to learn more — or reach out anytime.

How Much Income Do You Need to Buy a House in Sacramento in 2026?

To comfortably buy a median-priced Sacramento-area home in 2026, most buyers need somewhere in the range of $95,000 to $135,000 in household income — but the honest answer is "it depends," because your down payment, debts, credit, and loan type move that number by tens of thousands of dollars. The good news: plenty of people buy here on less than they assume, because qualifying is about your *debt-to-income ratio*, not just your paycheck.

Let's put real numbers on it.

The quick version: income by price point

These are ballpark figures assuming roughly 5–10% down, decent credit, and modest other debts. Rates and taxes shift them, so treat them as a starting map, not gospel.

•    $450,000 home (think parts of Sacramento, Citrus Heights, North Highlands, Rancho Cordova): roughly $90,000–$105,000 household income.

•    $550,000 home (Elk Grove, Antelope, parts of Roseville): roughly $110,000–$125,000.

•    $650,000 home (Folsom, Rocklin, Lincoln, West Roseville): roughly $130,000–$150,000.

•    $800,000+ home (El Dorado Hills, Granite Bay, Folsom luxury): roughly $160,000+, often with jumbo-loan reserves on top.

Notice the spread. The same family that's stretched in Granite Bay is comfortable 25 minutes away in Elk Grove. In the Sacramento region, geography is a financial strategy.

Why your income isn't the real number — your DTI is

Lenders don't ask "how much do you make?" so much as "how much of your income is already spoken for?"

That's your debt-to-income ratio (DTI) — your monthly debts plus the new house payment, divided by your gross monthly income. Most loan programs want that total under about 43–50%, depending on the loan and your overall profile.

Here's the part that surprises people: a $1,000-a-month car payment can knock more off your buying power than a $10,000 raise adds. Paying down or paying off a car or credit card before applying can do more for your approval than almost anything else.

How down payment changes the income you need

More down = less loan = lower payment = less income required. A few realities for Sacramento buyers:

•    3.5% down (FHA) and 3% down (conventional) are very real and very common — you don't need 20%.

•    $0 down is on the table if you're a veteran (VA) or buying in a USDA-eligible area (lots of Placer, El Dorado, and Yolo county outskirts qualify).

•    Down payment assistance through CalHFA can cover much of your upfront cost, lowering the cash — though not always the income — you need.

The lever most buyers forget: rental income

Buying a duplex, a home with an ADU (granny flat), or a place with a rentable bedroom? Lenders can often count a portion of that rental income toward your qualifying income. That can lift your buying power by $100,000 or more — and it's the engine behind "house hacking," where tenants help cover your mortgage. It's one of the most powerful and underused tools in the entire Sacramento market.

A simple way to estimate your own number

1. Take your gross monthly income (before taxes).

2. Multiply by 0.43. That's roughly your max total monthly debt under a conservative DTI.

3. Subtract your existing monthly debts (car, student loans, credit card minimums, child support).

4. What's left is the ballpark you can put toward a house payment — including taxes and insurance.

It's rough. A 10-minute conversation with a broker who can pull your actual numbers will be far more precise. But it tells you whether you're in the neighborhood.

Frequently asked questions

How much do I need to make to buy a house in Sacramento in 2026?

For a median-priced Sacramento-area home, most buyers need roughly $95,000–$135,000 in household income with a modest down payment and manageable debts. Lower-priced markets like parts of Sacramento, Citrus Heights, and Rancho Cordova can work closer to $90,000, while El Dorado Hills and Granite Bay typically require $160,000+.

Can I buy a house in Sacramento making $70,000 a year?

Yes, in many cases — especially in more affordable areas, with low-debt profiles, down payment assistance, or by buying a property with rentable space. The key is a healthy debt-to-income ratio, not just the salary.

What income do I need for a $500,000 house in Sacramento?

Roughly $100,000–$120,000 household income for a $500,000 home with low-to-moderate down payment and limited other debt. Paying off a car or two can meaningfully lower that requirement.

Does my spouse's income count?

If they're on the loan, yes — and so are their debts. Sometimes leaving a lower-earning, high-debt co-borrower off the loan actually helps you qualify. A good broker runs it both ways.

How can I qualify with a lower income?

Pay down monthly debts, improve your credit score for a better rate, use a low-down-payment or $0-down program, tap down payment assistance, or buy a property with rental income you can count toward qualifying.

The bottom line

The "income to buy a house in Sacramento" question has a different answer in Elk Grove than it does in Granite Bay — and a different answer for a buyer with no car payment than for one with two. Your salary is only one input. Your debts, down payment, loan type, and whether the property can earn rent matter just as much.

Want your real number? A quick pre-approval will tell you exactly what you qualify for across the greater Sacramento area — Sacramento, Roseville, Folsom, Elk Grove, Rocklin, Lincoln, Davis, Woodland, El Dorado Hills, and beyond. Call (916) 794-0777 or book a free consultation.

Chris KennedyComment