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Colusa is a small, affordable agricultural community in California's Sacramento Valley. Home prices here sit well below the statewide median — conforming loans cover nearly every purchase in this market.
HousingWire flagged a 10.4% drop in mortgage applications as the 30-year fixed hit 6.57%. For Colusa buyers, conforming loans still offer the most competitive fixed rates available. Rates vary by borrower profile and market conditions.
$832,750
2026 Loan Limit
620
Min Credit Score
3%
Min Down Payment
6.57% (4/3/26)
30-Yr Fixed (Ref.)
45%
Max DTI
Conforming Loans in Colusa
Fannie Mae and Freddie Mac set the rules here. You need a minimum 620 credit score, though 740+ gets you the best pricing.
Most lenders want a debt-to-income ratio at or below 45%. You'll also need full income documentation — W-2s, tax returns, pay stubs.
Local decision guide
Use this guide to connect conforming loans eligibility, lender expectations, and local market factors before comparing payment options in Colusa.
Colusa is a small, affordable agricultural community in California's Sacramento Valley. Home prices here sit well below the statewide median — conforming loans cover nearly every purchase in this market.
HousingWire flagged a 10.4% drop in mortgage applications as the 30-year fixed hit 6.57%. For Colusa buyers, conforming loans still offer the most competitive fixed rates available. Rates vary by borrower profile and market conditions.
Fannie Mae and Freddie Mac set the rules here. You need a minimum 620 credit score, though 740+ gets you the best pricing.
Conforming loans trade on the secondary market. That means lenders compete hard on pricing — which is good for borrowers in Colusa.
As a broker, we shop your file across 200+ wholesale lenders. A small rate difference matters over a 30-year term, even on a modest loan balance.
In a rural market like Colusa, appraisals can be tricky. Limited comparable sales mean appraisers sometimes come in conservative. Know this before you write an offer.
PMI (private mortgage insurance) kicks in below 20% down. On a lower-priced Colusa home, that monthly cost is manageable — but we always run the numbers on 10% vs. 20% down.
FHA loans accept scores as low as 580 but carry lifetime mortgage insurance on low-down-payment loans. Conforming loans let you drop PMI once equity builds.
Jumbo loans aren't necessary for most Colusa buyers. The 2026 conforming limit for Colusa County is $832,750. Very few properties here require jumbo financing.
Colusa County is a non-high-cost county. That means the standard conforming loan limit applies — $832,750 as of 2026. It's more than enough coverage for this market.
Agricultural income is common here. Lenders treat farm income carefully — two years of Schedule F returns are typically required to count it toward qualifying income.
The 2026 limit is $832,750 for a single-unit property. Nearly all Colusa home purchases fall well under this threshold.
Yes, but lenders need two years of Schedule F tax returns. Inconsistent or declining farm income can complicate approval.
As little as 3% down on some programs. Putting down 20% eliminates PMI and lowers your monthly payment.
You need 620 to qualify, but 740+ gets you top-tier pricing. The rate gap between 680 and 760 is real money over 30 years.
All conforming loans are conventional, but not all conventional loans are conforming. Conforming means it meets Fannie and Freddie size and guideline limits.
Yes. Rural location alone doesn't disqualify a property. The appraisal and condition standards still apply, though comp availability can be limited.