Question 1

What is the conforming loan limit in Napa County?

Accepted Answer

The FHFA sets conforming limits annually. Loans above that threshold require jumbo financing, which carries different credit and reserve standards.

Question 2

Are jumbo loan rates higher than conventional?

Accepted Answer

Often, yes — but not always. Rates vary by lender, borrower profile, and market conditions. Shopping across lenders matters even more on jumbo.

Question 3

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

Accepted Answer

Some lenders allow it, but most jumbo programs want 20% or more. Expect stricter requirements the lower your down payment goes.

Question 4

What credit score do I need for a jumbo loan?

Accepted Answer

Most jumbo lenders want 700 or higher. Some go to 720 for the best pricing. Conventional loans are more forgiving, starting around 620.

Question 5

Do conventional loans have income limits in Napa?

Accepted Answer

Standard conventional loans have no income caps. Some specialty programs within conventional guidelines may, but the base product does not restrict income.

Question 6

Which loan closes faster in Napa?

Accepted Answer

Conventional loans typically move faster. Jumbo underwriting involves more documentation review, which can add time to the process.

Conventional vs Jumbo Loans in Napa, CA