Question 1

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

Accepted Answer

Minimum is 620, but rates improve significantly at 740+. Most Marin County buyers we work with are in that upper tier.

Question 2

Can I avoid PMI on a conventional loan here?

Accepted Answer

Yes. Put 20% down and PMI is off the table. You can also reach 20% equity later and request cancellation.

Question 3

Are conforming loan limits higher in Marin County?

Accepted Answer

Yes. Marin is a designated high-cost area. Higher limits mean more buyers qualify for conventional rather than jumbo financing.

Question 4

How does rate shopping work with a broker in Fairfax?

Accepted Answer

We pull one credit inquiry and shop your file across 200+ wholesale lenders. You get competing offers without repeated hard pulls.

Question 5

Are older Fairfax homes harder to finance conventionally?

Accepted Answer

They can be. Conventional appraisals flag deferred maintenance and safety issues. We identify property risks before you're under contract.

Conventional Loans in Fairfax, CA — Rates Worth Shopping