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Sacramento Housing Blog

Sacramento Housing Blog

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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.

VA Loans in Sacramento:

The Complete 2026 Guide for Veterans Buying a Home

By Chris Kennedy, The Chris Kennedy Team — Mortgage Lender serving Sacramento, Placer, El Dorado, and Yolo Counties

If you're a veteran, active-duty service member, or surviving spouse looking to buy a home in the greater Sacramento area, the VA loan is almost certainly the most powerful tool in your toolbox. No down payment. No private mortgage insurance. Competitive interest rates. And in a market like Sacramento — where median home prices are still well above the national average — those benefits can be the difference between renting another year and getting handed the keys.

Here's everything you need to know about using your VA loan benefit in Sacramento, Placer, El Dorado, and Yolo counties in 2026.

What is a VA loan, and why do veterans in Sacramento love them?

A VA loan is a mortgage backed by the U.S. Department of Veterans Affairs. The VA doesn't lend the money — approved lenders like The Chris Kennedy Team do — but the VA guarantees a portion of the loan, which lets us offer terms that conventional and FHA loans simply can't match.

For Sacramento-area veterans, the standout benefits are:

  • Zero down payment on most purchases

  • No private mortgage insurance (PMI) — saving you hundreds per month

  • Lower interest rates than most conventional loans

  • Flexible credit requirements (we can often work with credit scores in the low 600s)

  • Limited closing costs — the VA caps what veterans can be charged

  • No prepayment penalties

  • Reusable benefit — you can use it again and again

In a market like Roseville, Folsom, or Elk Grove, where conventional buyers are often putting down 5%–20%, walking in with a VA loan and zero down can be a game-changer.

Who qualifies for a VA loan in Sacramento?

You're eligible if you meet one of the following service requirements:

  • Active-duty service members with at least 90 continuous days of service

  • Veterans who served at least 90 days during wartime or 181 days during peacetime

  • National Guard and Reserve members with 6+ years of service (or 90 days under Title 32 in some cases)

  • Surviving spouses of veterans who died in service or from a service-connected disability

You'll need a Certificate of Eligibility (COE) — and that's something I handle for my clients directly. You don't need to chase it down yourself.

How much house can I buy with a VA loan in Sacramento?

This is the question I hear most often, and the answer surprises people: for most veterans with full entitlement, there is no VA loan limit.

That's right — since 2020, qualified veterans with full entitlement can borrow as much as the lender approves them for, with zero down. That means in markets like Granite Bay, El Dorado Hills, Davis, and Folsom, where homes routinely cross the $1M mark, a VA loan can still get you into a home with $0 down — assuming your income and credit support the loan amount.

If you've used your entitlement before and haven't restored it, loan limits do apply. In Sacramento, Placer, El Dorado, and Yolo counties, the 2026 conforming loan limit caps the no-down-payment portion for partial-entitlement borrowers. We walk through your specific entitlement situation in the first call.

What is the VA funding fee, and how much will it cost me?

The funding fee is a one-time charge that helps keep the VA loan program running for future veterans. It's typically rolled into your loan, so you don't pay it out of pocket.

For 2026, the funding fee structure looks like this:

  • First-time use, $0 down: 2.15% of loan amount

  • First-time use, 5%+ down: 1.50%

  • Subsequent use, $0 down: 3.30%

  • Veterans with service-connected disability rating: EXEMPT — no funding fee at all

  • Surviving spouses receiving DIC: Exempt

  • Purple Heart recipients on active duty: Exempt

If you're rated for a service-connected disability, even at 10%, you save thousands on this fee alone.

What Sacramento-area cities and neighborhoods are best for VA buyers?

The greater Sacramento region is one of California's strongest VA markets, in part because of our deep military history (McClellan AFB, Mather AFB, and proximity to Beale AFB and Travis AFB) and a large veteran population served by the VA Northern California Health Care System headquartered in Mather.

Here's where my VA clients are buying right now:

Sacramento County

  • Elk Grove — strong inventory of newer construction, family-friendly

  • Folsom — top-rated schools, easy access to Highway 50

  • Rancho Cordova — close to Mather VA campus, more affordable entry points

  • Citrus Heights — solid value plays under $600K

  • Natomas — newer builds, often VA-friendly

Placer County

  • Roseville — the most popular VA destination in the region

  • Rocklin — great schools, family neighborhoods

  • Lincoln — newer construction, often more home for the money

  • Auburn — foothill living, bigger lots

El Dorado County

  • El Dorado Hills — luxury market, full-entitlement VA buyers thrive here

  • Cameron Park — value-oriented foothill community

  • Placerville — affordable, charming, great for first-time VA buyers

Yolo County

  • Davis — university town with strong rentals if you PCS

  • Woodland — affordable, growing fast

  • West Sacramento — close to downtown, emerging market

What credit score do I need for a VA loan?

The VA itself doesn't set a minimum credit score — that's set by the lender. At The Chris Kennedy Team, we can typically work with VA borrowers down to a 580 score, and in some cases lower with compensating factors. If your score needs work, we'll walk through a credit improvement plan together before you shop.

How long does it take to close a VA loan in Sacramento?

We typically close VA purchases in 21 to 30 days — competitive with conventional loans. The myth that "VA loans take forever" is leftover from the 1990s. With the right lender and a clean file, a VA close is just as fast as anything else on the market.

Can I use a VA loan more than once?

Yes. Your VA benefit is reusable. You can:

  • Refinance an existing VA loan with a VA IRRRL (Interest Rate Reduction Refinance Loan)

  • Sell your home and restore your entitlement for a new VA purchase

  • Hold two VA loans at once if you have remaining entitlement (common for PCS moves)

What types of properties can I buy with a VA loan in the Sacramento area?

VA loans cover most primary residences:

  • Single-family homes

  • VA-approved condos (we handle the approval check)

  • Townhomes

  • 2–4 unit properties (you must occupy one unit)

  • New construction

  • Manufactured homes on permanent foundations (case-by-case)

VA loans cannot be used for investment properties or vacation homes — the home must be your primary residence within 60 days of closing.

Frequently Asked Questions About VA Loans in Sacramento

Do I have to be a first-time homebuyer to use a VA loan? No. The VA benefit can be used multiple times throughout your life.

Can I use a VA loan to buy a fixer-upper in Sacramento? Yes — the VA Renovation Loan and VA Rehab Loan options let you finance the home plus repairs in a single loan. The home does need to meet VA Minimum Property Requirements at closing.

Are VA appraisals harder than regular appraisals? VA appraisals do include a Minimum Property Requirements (MPR) inspection focused on safety and habitability. They're not "harder" — just more thorough. Most Sacramento-area homes pass without issue.

What if my spouse is also a veteran? Joint VA loans (where both spouses are veterans) can combine entitlements, often unlocking more buying power.

Can I get a VA loan with student loans or credit card debt? Yes. VA underwriting uses a residual income calculation that's often more forgiving than conventional debt-to-income standards. We routinely close VA loans for borrowers other lenders turned away.

Does the VA loan cover closing costs? The VA limits what a veteran can be charged. Many sellers in the Sacramento market are willing to cover some or all closing costs — and we can also explore lender credit options to bring your out-of-pocket close to zero.

Why work with a local Sacramento VA lender?

Not all lenders are created equal when it comes to VA loans. Here's what matters:

  1. VA expertise — Misunderstandings about VA appraisals, funding fees, and entitlement kill deals every day. Working with a lender who closes VA loans regularly means you avoid the "we don't really do those" problem.

  2. Local market knowledge — A lender in Texas doesn't know the difference between Granite Bay and Cameron Park, or how to position your offer in a Roseville bidding war. I do.

  3. Speed and communication — VA loans don't have to be slow. With the right team, you close on time.

Ready to use your VA benefit in the Sacramento area?

If you're a veteran, active-duty service member, or surviving spouse thinking about buying in Sacramento, Placer, El Dorado, or Yolo County, I'd be glad to walk through your options with no pressure and no obligation.

Chris Kennedy | The Chris Kennedy Team NMLS# 9771546 Serving Sacramento, Placer, El Dorado, and Yolo Counties www.thechriskennedyteam.com

[CALL NOW] | [GET PRE-APPROVED] | [CHECK YOUR ELIGIBILITY]

The Chris Kennedy Team is a mortgage lender serving the greater Sacramento, California region, including Sacramento, Placer, El Dorado, and Yolo counties. We specialize in VA loans, FHA loans, conventional loans, jumbo loans, and first-time homebuyer programs including CalHFA. Chris Kennedy has helped hundreds of Northern California families purchase and refinance their homes.