Question 1

What's the conforming loan limit in Alameda?

Accepted Answer

Alameda County's 2026 conforming cap for a one-unit home is $1,249,125. If your final loan amount stays at or below that number, conforming financing is still available.

Question 2

Can I use a conforming loan on a Victorian fixer in Alameda?

Accepted Answer

Sometimes. A conforming loan can work if the home meets basic condition standards. If the property needs major repairs, renovation financing or cash usually makes more sense.

Question 3

Do conforming loans work on Alameda condos?

Accepted Answer

Yes, if the condo project meets Fannie Mae or Freddie Mac rules. We check that early because an unapproved condo can change the loan plan fast.

Question 4

How does rental income on a duplex affect conforming loan approval?

Accepted Answer

Lenders can use a portion of documented market rent to help your debt ratio on an owner-occupied duplex. The lease or appraisal rent schedule has to support it.

Question 5

What credit score gets the best conforming rates in Alameda?

Accepted Answer

Most lenders start around 620, but pricing usually improves once you move into the high 600s and up. Stronger credit can also help with PMI.

Question 6

Can I buy a second home in Alameda with a conforming loan?

Accepted Answer

Yes, in some cases. Second-home conforming loans usually need more money down, stronger reserves, and proof that your main home is elsewhere.

Conforming Loans in Alameda Usually Make Sense Before a Deal Turns Jumbo