Question 1

What is the conforming loan limit in Marin County?

Accepted Answer

Marin qualifies as a high-cost area, so limits exceed the national baseline. Check current FHFA limits — they adjust annually.

Question 2

Can I use a conforming loan to buy in Tiburon?

Accepted Answer

Yes, if your loan amount stays within the limit. Many Tiburon homes require jumbo financing above that threshold.

Question 3

Do conforming loans require mortgage insurance?

Accepted Answer

Only if your down payment is under 20%. At 20% down, there's no monthly PMI — that's a real cost advantage.

Question 4

How does my credit score affect my conforming rate?

Accepted Answer

Fannie and Freddie use tiered pricing grids. A 760 score gets a meaningfully better rate than a 680 score.

Question 5

Is a conforming loan better than a jumbo loan in Tiburon?

Accepted Answer

Conforming rates run lower, but the loan limit may not cover your purchase price. Run both scenarios before deciding.

Question 6

What's the minimum down payment for a conforming loan?

Accepted Answer

Three percent for qualified buyers. But putting down less than 20% adds PMI to your monthly payment.

Conforming Loans in Tiburon, CA — Know Your Ceiling