Question 1

What is the conforming loan limit in Napa County?

Accepted Answer

Napa County qualifies for higher limits than the national baseline. Confirm the current cap with your broker before locking in a purchase price.

Question 2

Can I use a conforming loan to buy in Yountville?

Accepted Answer

Yes, if your loan amount stays under the county limit. Many Yountville properties push buyers into jumbo territory, so run the numbers early.

Question 3

What credit score do I need for a conforming loan?

Accepted Answer

Lenders require a minimum 620 score. A 740 or higher score puts you in the best pricing tier.

Question 4

Do conforming loans require mortgage insurance?

Accepted Answer

Only if your down payment is under 20%. Unlike FHA, you can cancel PMI once you reach 20% equity.

Question 5

How is a conforming loan different from a jumbo loan?

Accepted Answer

Conforming loans stay within Fannie Mae and Freddie Mac limits. Jumbo loans exceed those limits and typically carry stricter requirements.

Question 6

Are conforming loan rates better than jumbo rates in Napa?

Accepted Answer

Usually yes. Conforming loans tend to price lower than jumbo. The gap varies — rates vary by borrower profile and market conditions.

Conforming Loans in Yountville, CA