Question 1

What is the conforming loan limit in Orange County?

Accepted Answer

Orange County is a high-cost area with limits above the national baseline. Contact us for the current figure — FHFA updates limits annually.

Question 2

Can I get a conforming loan with less than 20% down?

Accepted Answer

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

Question 3

What credit score do I need in Fullerton?

Accepted Answer

Lenders require 620 at minimum. Score above 740 and you'll qualify for the best rate tiers available.

Question 4

How long does a conforming loan take to close?

Accepted Answer

Most conforming loans close in 21-30 days. Clean files with verified income and strong credit close faster.

Question 5

Do conforming loans work for condos in Fullerton?

Accepted Answer

Yes, but the condo project must be Fannie Mae or Freddie Mac approved. Non-warrantable condos fall outside conforming guidelines.

Conforming Loans in Fullerton, CA