Question 1

What credit score do I need for a conventional loan in Willows?

Accepted Answer

Most lenders require a 620 minimum. Scores above 740 get the best rates.

Question 2

Will agricultural land complicate my conventional loan?

Accepted Answer

Mixed-use or ag-zoned parcels get extra scrutiny from underwriters. An experienced broker can identify lenders comfortable with Glenn County property types.

Question 3

Can I avoid PMI on a conventional loan?

Accepted Answer

Yes. Put 20% down at closing or wait until your equity hits 20% to request removal.

Question 4

How do conventional loans compare to FHA in this area?

Accepted Answer

Conventional has no upfront mortgage insurance and drops monthly PMI at 20% equity. FHA keeps mortgage insurance for the life of the loan in most cases.

Question 5

Does Willows fall within standard conforming loan limits?

Accepted Answer

Glenn County follows standard conforming limits, not high-cost area limits. Your broker can confirm the current cap for your loan year.

Conventional Loans in Willows, CA