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Artesia sits in LA County, where conforming loan limits give buyers real purchasing power. You can borrow more here than in most U.S. markets without jumping to jumbo territory.
HousingWire flagged a 10.4% drop in mortgage applications as the 30-year fixed hit 6.57%. For conforming borrowers, that rate environment means your approval budget matters more than ever. Rates vary by borrower profile and market conditions.
620
Min Credit Score
45%
Max DTI
3%
Min Down Payment
6.57% (Apr 2026)
30-Yr Fixed (Market)
Conforming Loans in Artesia
Most conforming loans require a 620 minimum credit score. Stronger scores — 740 and above — get you meaningfully better rates.
You'll need a debt-to-income ratio at or below 45%. Down payment starts at 3% for first-time buyers, 5% for repeat buyers.
Local decision guide
Use this guide to connect conforming loans eligibility, lender expectations, and local market factors before comparing payment options in Artesia.
Artesia sits in LA County, where conforming loan limits give buyers real purchasing power. You can borrow more here than in most U.S. markets without jumping to jumbo territory.
HousingWire flagged a 10.4% drop in mortgage applications as the 30-year fixed hit 6.57%. For conforming borrowers, that rate environment means your approval budget matters more than ever. Rates vary by borrower profile and market conditions.
Most conforming loans require a 620 minimum credit score. Stronger scores — 740 and above — get you meaningfully better rates.
Conforming loans are the most competitive product in the market. Fannie Mae and Freddie Mac buy these loans, so nearly every lender offers them.
That competition is good for you. We shop 200+ wholesale lenders to find the sharpest pricing on conforming products available in Artesia.
On conforming loans, the rate differences between lenders look small. They're not. Even 0.125% compounds into thousands over 30 years.
We see borrowers over-qualify for jumbo products when a conforming loan would have done the job for less. Know your loan limit before you start shopping.
FHA loans accept lower credit scores but add mortgage insurance that's hard to remove. Conforming loans let you cancel PMI once you hit 20% equity.
Jumbo loans cover higher price points but carry stricter reserves and tighter guidelines. If your purchase fits the conforming limit, stay conforming.
Artesia is in LA County, which carries higher conforming limits than standard U.S. counties. That extra borrowing room matters in a competitive Southern California market.
The city's dense mix of condos and single-family homes both qualify for conforming financing. Condo projects do need to meet Fannie Mae approval requirements.
LA County is a high-cost area, so limits exceed the national baseline. Ask us for the current figure — limits adjust annually.
Yes, but the condo project must be Fannie Mae or Freddie Mac approved. We check project eligibility before you get deep into the process.
First-time buyers can put down as little as 3%. Repeat buyers typically need 5% minimum.
PMI is required if you put down less than 20%. Unlike FHA, you can cancel it once you reach 20% equity.
Scores above 740 get the best pricing. Dropping below 700 adds cost — sometimes significantly. Rates vary by borrower profile and market conditions.
All conforming loans are conventional, but not all conventional loans are conforming. Conforming means the loan meets Fannie and Freddie size and guideline limits.