Palm Springs City Mortgage | DiVita Home Finance
Palm Springs is the cultural and architectural heart of the Coachella Valley — renowned for its mid-century modern homes, thriving arts scene, Palm Canyon Drive boutiques and galleries, and a short-term rental market that ranks among the most active in California. Home styles range from iconic Racquet Club Estates and the Movie Colony to newer resort developments and luxury condominium communities. DiVita Home Finance provides expert mortgage financing for buyers, homeowners, and investors throughout Palm Springs City — including local expertise in land lease financing, vacation home loans, short-term rental investment, and all standard purchase and refinance programs.
Palm Springs City Mortgage Programs
Typical home prices in Palm Springs City range from $400K – $2M+, with most purchases financed through FHA / Conventional / VA / DSCR programs. Riverside County’s 2026 conforming limit is $806,500 — the national baseline. As a mortgage broker, we shop across 40+ lenders to find the best terms for your specific property and situation.
- Conventional Loans — Down payments from 3–20% for fee-simple properties below $806,500
- FHA Loans — 3.5% down, 580+ credit score, available on qualifying land lease properties
- VA Loans — Zero down for eligible veterans, no PMI, available on qualifying land lease properties
- Jumbo Loans — For properties above $806,500; 10-20% down required
- Vacation Home / Second Home — 10% down for non-primary-residence purchases
- DSCR / Short-Term Rental — Qualify on rental income; no tax returns required
- Land Lease Programs — Specialized financing for Agua Caliente tribal land lease properties
A significant portion of Palm Springs homes sit on land leased from the Agua Caliente Band of Cahuilla Indians. If you are purchasing a land lease property, the remaining lease term is the critical financing variable. We verify this before you make an offer so you know exactly what programs are available for that specific property.
For a complete overview of Palm Springs and Coachella Valley mortgage programs, visit our Palm Springs mortgage hub page.
Ready to Get Started in Palm Springs City?
Or call: 800-239-1103 — 7 days a week.
