Question 1

What is the conforming loan limit in Imperial County?

Accepted Answer

Imperial County uses the standard Fannie Mae baseline limit. Most Holtville purchases fall well within it.

Question 2

Can I use a conforming loan for a farmhouse in Holtville?

Accepted Answer

It depends on the property. If the home sits on a large agricultural parcel, Fannie Mae may flag it. A standard residential lot is safer.

Question 3

How does PMI work on a conforming loan?

Accepted Answer

PMI is required when you put less than 20% down. It cancels automatically once your equity reaches 20%.

Question 4

Is a conforming loan better than FHA in Holtville?

Accepted Answer

For buyers with 680+ credit and 5% down, conforming usually wins on total cost. FHA makes more sense below that score range.

Question 5

How long does it take to close a conforming loan?

Accepted Answer

Most conforming loans close in 21–30 days with a clean file. Appraisal delays are the most common slowdown in rural markets.

Conforming Loans in Holtville, CA