Question 1

What is the conforming loan limit in Marin County?

Accepted Answer

Marin County qualifies as a high-cost area. The 2026 conforming limit is $1,249,125 for a single-unit property.

Question 2

Do I need 20% down for a conventional loan in Tiburon?

Accepted Answer

No — 3% down is possible with conventional financing. But 20% eliminates PMI, which matters on Tiburon's larger loan amounts.

Question 3

What credit score gets the best conventional rate?

Accepted Answer

Lenders price best at 740 and above. Below 700, expect rate adjustments that add up fast on a large balance.

Question 4

When does a conventional loan make more sense than jumbo?

Accepted Answer

Any time you can size the loan under the conforming limit. Conventional underwriting is less restrictive and reserve requirements are lower.

Question 5

Can I use a conventional loan on a Tiburon condo?

Accepted Answer

Yes, but the condo complex must meet Fannie Mae or Freddie Mac approval standards. Non-warrantable buildings need a different loan product.

Question 6

How does PMI work on a conventional loan?

Accepted Answer

PMI — private mortgage insurance — applies when you put less than 20% down. It drops off once you reach 20% equity in the home.

Conventional Loans in Tiburon, CA