Question 1

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

Accepted Answer

The minimum is 620. Scores above 740 get the best rates — and in a rate environment like April 2026, that difference matters.

Question 2

Can I put less than 20% down on a conventional loan?

Accepted Answer

Yes, you can put as little as 3% down. You'll pay PMI until you reach 20% equity, then it drops off.

Question 3

How do conforming loan limits affect Livingston buyers?

Accepted Answer

Most Livingston homes price well under conforming limits. You likely won't need a jumbo loan, which simplifies approval.

Question 4

Is a conventional loan better than FHA in Livingston?

Accepted Answer

With strong credit and 20% down, conventional wins easily. With lower credit or limited savings, FHA may be the smarter path.

Question 5

How does seasonal agricultural income affect my application?

Accepted Answer

Lenders want two years of documented income history. Seasonal or variable income is workable — but you need paperwork to prove it.

Question 6

Why use a broker instead of my local bank for a conventional loan?

Accepted Answer

Your bank offers one rate. We shop 200+ wholesale lenders and find the best pricing for your specific file.

Conventional Loans in Livingston, CA