Question 1

What is the conforming loan limit in Kings County?

Accepted Answer

Kings County follows the standard FHFA baseline conforming limit. Any loan above that amount requires jumbo financing.

Question 2

Do jumbo loans require a bigger down payment?

Accepted Answer

Usually yes. Most jumbo lenders want 10-20% down. Some require more depending on the loan size and your credit profile.

Question 3

Are jumbo loan rates higher than conventional rates?

Accepted Answer

Not always. Jumbo rates vary widely by lender. Shopping across multiple lenders is critical — that's exactly what we do. Rates vary by borrower profile and market conditions.

Question 4

Can I get a jumbo loan with a 680 credit score?

Accepted Answer

Unlikely with most lenders. Jumbo underwriters typically want 700-720 minimum. A few lenders go lower but charge for it.

Question 5

Is conventional or jumbo better for Hanford buyers?

Accepted Answer

Conventional fits most Hanford purchases. Jumbo only makes sense when the purchase price pushes your loan above the conforming limit.

Conventional vs Jumbo Loans in Hanford, CA