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Mariposa sits at the gateway to Yosemite, where $937,500 buys a solid family home. At 5.875%, your principal and interest run $4,437 monthly on a $750,000 conforming loan. That's the standard 30-year fixed that most California buyers choose.
The conforming limit here is $832,750 — well above what most Mariposa homes sell for. If you're under that cap and putting 20% down, conforming rates beat jumbo pricing. The math works in your favor in this market.
5.875%
Interest Rate
$4,437
Monthly P&I
740+
FICO Required
$750,000
Loan Amount
20% ($187.5K)
Down Payment
30–45 days
Close Timeline
Conforming Loans in Mariposa
Conforming loans in Mariposa require 740 FICO minimum and 20% down to skip PMI. At that LTV, you pay no mortgage insurance and no rate premium. The $937,500 purchase price shown here is realistic for the area.
Mariposa County's median household income is $65,378. That income supports a $500K home comfortably but stretches thin above $600K. Most buyers here put down 15–25% and carry a 30-year fixed. Debt-to-income caps run 43–50% depending on reserves and credit.
Local decision guide
Use this guide to connect conforming loans eligibility, lender expectations, and local market factors before comparing payment options in Mariposa.
Mariposa sits at the gateway to Yosemite, where $937,500 buys a solid family home. At 5.875%, your principal and interest run $4,437 monthly on a $750,000 conforming loan. That's the standard 30-year fixed that most California buyers choose.
The conforming limit here is $832,750 — well above what most Mariposa homes sell for. If you're under that cap and putting 20% down, conforming rates beat jumbo pricing. The math works in your favor in this market.
Conforming loans in Mariposa require 740 FICO minimum and 20% down to skip PMI. At that LTV, you pay no mortgage insurance and no rate premium. The $937,500 purchase price shown here is realistic for the area.
California's conforming market is deep. Retail banks, credit unions, and mortgage brokers all compete on conforming loans because the FHFA guarantees them. Rates are transparent and tight — lenders can't hide behind overlays.
Closings run 30–45 days for conforming loans. Underwriting is straightforward: credit, income, assets, appraisal. No surprises if your file is clean. Brokers often beat retail banks on rate because they shop multiple lenders in seconds.
Conforming loans make sense in Mariposa if you're buying under $832,750 and can put 20% down. Above that, jumbo rates jump 0.25–0.5%. Below $500K, FHA might save you 0.125% but locks you into lifetime mortgage insurance.
The real win here is speed and certainty. Conforming loans close in 30 days with zero surprises. Jumbo loans take 45 days and demand 6–12 months reserves. If you're buying in Mariposa and have 20% down, conforming is the fastest path.
FHA loans run lower rates than conforming but tack on mortgage insurance for life if you put down less than 10%. At 20% down, conforming and FHA rates are nearly identical — but conforming has no insurance. Conforming wins.
Jumbo loans above $832,750 carry higher rates and tighter underwriting. You'll need 700+ FICO, 6–12 months reserves, and 20% down. If your Mariposa home is under the conforming cap, stay conforming.
Mariposa County's population is 17,060 — small, tight-knit, and stable. That stability matters for home values. Buyers here stay put. Schools are local, community is known, and property appreciation tracks the broader Sierra Nevada region.
The town sits 45 minutes from Yosemite National Park. That proximity draws retirees, remote workers, and families seeking mountain life without urban sprawl. Long-term buyers in Mariposa tend to hold homes 15+ years, making a 30-year fixed the right fit.
Principal and interest run $4,437 monthly. That's on a $750,000 loan at 5.875% with 20% down ($187,500), 740 FICO, 30-year fixed, locked 30 days as of April 13, 2026. Add taxes, insurance, and HOA if applicable.
Yes. At 20% down (80% LTV), there is no PMI and no rate penalty. Below 20%, PMI kicks in. At 78% LTV, PMI cancels automatically. Conforming loans have no other way to skip insurance.
740 FICO is the floor for best rates. You can qualify with 680–700, but expect a rate bump of 0.25–0.5%. Mariposa lenders follow standard FHFA rules — no local overlays.
30–45 days. Conforming loans are straightforward: credit, income, appraisal, title. No surprises if your file is clean. Most close in 35 days.
At 20% down, conforming and FHA rates are nearly identical. Conforming has no mortgage insurance; FHA's insurance never cancels. Conforming wins. Below 10% down, FHA might save 0.125% but costs you insurance for life.