★★★★★
"Ken made our first home purchase in Sacramento feel completely doable. He walked us through every DPA option, answered every late-night text, and got us closed on time. Best mortgage advisor we could have asked for."
Ken Clark Jr. is a Certified Mortgage Advisor, Sacramento mortgage advisor, New Jersey mortgage lender, and Branch Manager with PRMG Mortgage. He helps homebuyers, homeowners, veterans, first-time buyers, and real estate investors with FHA loans, VA loans, down payment assistance, refinance options, jumbo loans, Non-QM loans, renovation loans, construction loans, and investment property financing. 28+ years of mortgage experience. Licensed in 49 states, excluding New York.
Start with the question that matches your situation.
Free 2-minute eligibility check across every California Down Payment Assistance program PRMG offers, including CalHFA, GSFA, Chenoa, and city-specific grants. No credit pull, no obligation, just clarity on which programs you qualify for and how much you could receive.
Free · No credit check · 2 minutes
Every borrower's loan is different. Choose the option below that sounds the most like you and we'll guide you through the next steps with the right strategy and tools.
Step-by-step roadmap, document checklist, and pre-approval guidance for first-time buyers.
See the roadmap →Search 200+ DPA programs by your area. Stack programs to reduce upfront costs.
Check programs →Tap your home equity in as little as 5 days. Renovation, debt consolidation, or investment cash without touching your first mortgage.
Explore HELOC →FHA 203k Limited & Full, Conventional HomeStyle, VA Alteration. Finance the purchase and the rehab in a single loan.
See renovation options →Bank-statement loans, 1099 programs, DSCR investor loans, and asset-based qualification.
See Non-QM programs →Lower payment, shorter term, or cash-out, see if a refinance fits your goals.
Run the numbers →We focus on long-term strategy, building equity, protecting cash flow, and using the right loan structure for your goals, not just quoting a rate.
You'll get a clear plan tied to your timeline, credit profile, and goals, not a one-size-fits-all quote.
Most online leads get a response in minutes. You'll hear from a real advisor, not a call-center.
Conventional, FHA, VA, USDA, jumbo, DSCR, bank statement, 203k renovation, the full toolbox.
Realistic estimates using local Sacramento tax and insurance assumptions, not generic national averages.
Total monthly payment with taxes, insurance, PMI, and HOA, the real number.
Calculate My Payment →How much home can you actually qualify for given income, debts, and credit?
Check affordability →What's the real cost of waiting another year? See it modeled out.
Compare scenarios →Estimated monthly savings, annual savings, and break-even on closing costs.
Run a refi check →Most loans come from one of these markets, but we're licensed coast to coast.
Counties served: Sacramento, Placer (Roseville, Rocklin, Lincoln, Auburn), El Dorado (Folsom, Cameron Park, Placerville, South Lake Tahoe), Yolo (Davis, Woodland, West Sacramento), Solano (Vallejo, Fairfield, Vacaville, Dixon), Sutter (Yuba City), Yuba (Marysville), Nevada (Grass Valley, Truckee), San Joaquin (Stockton, Lodi, Tracy, Manteca), Amador, Calaveras, Stanislaus (Modesto), and the greater Bay Area.
NJ counties served: Bergen (Hackensack, Paramus, Fort Lee, Englewood), Hudson (Jersey City, Hoboken, Bayonne), Essex (Newark, Montclair, Bloomfield), Union (Elizabeth, Westfield, Plainfield), Middlesex (Edison, New Brunswick, Woodbridge), Monmouth (Red Bank, Freehold, Long Branch), Ocean (Toms River, Brick, Lakewood), Morris (Morristown, Parsippany), Somerset (Bridgewater), Mercer (Princeton, Trenton, Hamilton), Passaic (Wayne, Clifton), Burlington, Camden, and Gloucester.
A 5-star experience starts with clear communication and ends with closing on time. Here's what clients have to say.
"Ken made our first home purchase in Sacramento feel completely doable. He walked us through every DPA option, answered every late-night text, and got us closed on time. Best mortgage advisor we could have asked for."
"As a self-employed business owner I had been told 'no' twice before reaching out to Ken. He structured a bank-statement loan that worked, locked our rate, and we closed in under 30 days. Total game changer."
"Ken refinanced our New Jersey home and saved us $487 a month. He explained the break-even math clearly and didn't push us into anything. Will use him again the next time we need financing."
"We thought we needed $40k saved before we could buy. Ken showed us a CalHFA stack we qualified for and we closed with a fraction of that. Cannot recommend Ken Clark Jr. enough."
"Ken's team responded to my application within 30 minutes on a Saturday. He referred us to a great Realtor, ran scenarios for three different programs, and got us into our dream home in Folsom."
"Ken is the real deal. We are real estate investors and he structured a DSCR loan on our fourth rental that nobody else would touch. Honest, fast, and knows the niche programs cold."
If you're researching late at night, start here. Every answer below is what we walk clients through on day one.
Less than most buyers think. With FHA you can put as little as 3.5% down, conventional first-time buyer loans start at 3% down, and VA or USDA loans can be $0 down for eligible borrowers. California Down Payment Assistance programs (CalHFA MyHome, Forgivable Equity Builder, Dream For All) may cover most or all of the down payment plus part of closing costs. On a $525,000 Sacramento home, a properly stacked FHA + CalHFA MyHome structure can drop cash to close to roughly $5,000 to $8,000 plus reserves.
FHA can start as low as 580 with 3.5% down (some niche programs go lower). Conventional loans typically want 620 or higher. VA loans usually require 580 to 620 depending on the lender. Higher credit means better rate and lower PMI. Before you apply, we can review your profile and recommend simple credit moves that often pull a score up 20 to 60 points within a billing cycle.
Yes. Self-employed borrowers, business owners, 1099 contractors, and investors can qualify using alternative documentation: bank statement loans (12 or 24 months of deposits), 1099 income programs, DSCR loans (rental cash flow), P&L only programs, and asset-based loans. Tax write-offs don't have to disqualify you. The fix is structuring the loan around how your income actually works.
California DPA is a set of state, county, and lender-funded programs that help qualified buyers cover down payment and closing costs. Top programs include CalHFA MyHome (up to 3% of purchase price), Forgivable Equity Builder (up to 10% forgivable after 5 years when funded), Dream For All shared appreciation, GSFA Platinum, and county programs through Sacramento HCD. Eligibility depends on income, county, credit, first-time buyer status, and program funding.
Pre-approval is usually same-day. From offer accepted to closing typically runs 12 to 21 days, depending on the property type, appraisal turn time, and how quickly you return documents. Self-employed and non-QM loans may take a few extra days for additional documentation review.
It depends on the math, not the headlines. When rates drop, home prices typically rise as more buyers re-enter the market. A buyer who waits 1 to 2 years for slightly lower rates may end up with nearly the same monthly payment while missing out on appreciation and equity build-up. Waiting makes sense if you're rebuilding credit, paying off high-DTI debt, or stabilizing income. Run a personalized comparison before deciding.
Ken Clark Jr. is a Certified Mortgage Advisor and Branch Manager at Paramount Residential Mortgage Group, Inc. (NMLS #75243). Ken's individual NMLS is 225375. PRMG is licensed in 49 states plus DC. Ken focuses on Sacramento and Northern California (Roseville, Elk Grove, Folsom, Woodland, Davis), New Jersey, and remote clients nationwide.
The right loan strategy should match the person, not just the property.
Help understanding credit, cash to close, payment comfort, down payment assistance, and the full path to approval.
VA loan strategy, potential $0 down options for eligible borrowers, entitlement review, VA jumbo options, and refinance planning.
Options for buying before selling, seller credit strategies, bridge-style planning, and payment comparison.
Bank statement loans, Non-QM options, asset-based strategies, and common-sense income review.
DSCR loans, investment property financing, cash-flow analysis, and portfolio growth strategy.
Payment review, debt consolidation options, equity access, HELOC options, and long-term mortgage planning.
Most clients work with us remotely (file uploads, e-signatures, FaceTime walkthroughs), but the door is always open in Sacramento.