Question 1

What is the conforming loan limit in Marin County?

Accepted Answer

Marin is a high-cost area, so the limit exceeds the national baseline. Contact us for the current figure before you start shopping.

Question 2

Can I use a conventional loan to buy a condo in Larkspur?

Accepted Answer

Yes, but the condo project must meet Fannie Mae or Freddie Mac guidelines. We verify warrantability before you get too far into the process.

Question 3

How does PMI work on a conventional loan?

Accepted Answer

PMI is required if you put down less than 20%. It cancels automatically once you reach 20% equity in the home.

Question 4

Is a conventional loan better than FHA in Larkspur?

Accepted Answer

For most Larkspur buyers with strong credit, yes. Conventional wins on PMI flexibility and seller perception in competitive offers.

Question 5

What credit score do I need for the best conventional rate?

Accepted Answer

You can qualify at 620, but 740+ gets you the best pricing. Every tier below that costs you in rate or fees.

Question 6

Do conventional loans work for investment properties in Marin?

Accepted Answer

Yes. Expect a higher down payment requirement and tighter reserve guidelines compared to a primary residence purchase.

Conventional Loans in Larkspur, CA