Question 1

Can I use a conventional loan for rural property in Plymouth?

Accepted Answer

Yes, but acreage limits and land use matter. Some lenders won't touch parcels over 10 acres or properties with agricultural zoning.

Question 2

Do I need 20% down for a conventional loan?

Accepted Answer

No. You can put as little as 3% down. But anything under 20% triggers PMI, which adds to your monthly payment.

Question 3

What credit score do I need in Amador County?

Accepted Answer

620 is the floor for most conventional programs. Aim for 740 or higher to access the best rate tiers and lower fees.

Question 4

How do conforming loan limits affect Plymouth buyers?

Accepted Answer

Conforming limits set the max for standard conventional loans. Most Plymouth price points fall within those limits, so jumbo loans are rarely needed here.

Question 5

Why are rates higher than what I see advertised?

Accepted Answer

Advertised rates assume perfect credit, 20% down, and a primary residence. Rural properties and lower scores both push your rate higher.

Conventional Loans in Plymouth, CA — Straight Talk on Rates and Qualifications