Question 1

What is the conforming loan limit in Napa County?

Accepted Answer

The FHFA sets conforming limits annually. Any loan above that threshold in Napa County becomes a jumbo loan with different qualifying rules.

Question 2

Are jumbo rates higher than conventional rates?

Accepted Answer

Not always. Jumbo and conforming rates move independently. Rates vary by borrower profile and market conditions — we shop both to find your best option.

Question 3

How much do I need in reserves for a jumbo loan?

Accepted Answer

Most jumbo lenders want 12 months of mortgage payments in verified assets. Some high-balance loans require even more.

Question 4

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

Accepted Answer

Some lenders allow 10% down on jumbo loans with strong credit. Expect higher rates and stricter income requirements at lower down payments.

Question 5

What credit score do I need for a conventional loan?

Accepted Answer

Most conventional lenders require at least a 620 score. Higher scores get meaningfully better pricing.

Question 6

Does Calistoga have many properties that require jumbo financing?

Accepted Answer

Yes. Wine country estates and luxury properties in Calistoga frequently exceed conforming limits, making jumbo financing common in this market.

Conventional vs Jumbo Loans in Calistoga, CA