Question 1

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

Accepted Answer

Minimum is 620, but you'll pay premium rates below 680. We see best pricing at 740+ for Roseville properties, often 0.5-0.75% lower than borrowers in the 620-680 range.

Question 2

Can I use a conventional loan with less than 20% down?

Accepted Answer

Yes, down to 3% for first-time buyers and 5% for repeat buyers. You'll pay PMI until you hit 20% equity, but it drops off automatically unlike FHA insurance.

Question 3

How do conventional loans compare to FHA in Roseville?

Accepted Answer

Conventional costs less monthly if your credit exceeds 680, even with lower down payment. FHA makes sense under 640 credit or if you can only manage 3.5% down.

Question 4

What's the conforming loan limit for Roseville?

Accepted Answer

Placer County follows the standard $806,500 limit for 2026. Most Roseville homes stay under that, so you avoid jumbo loan requirements and get better rates.

Question 5

How long does conventional loan approval take in Roseville?

Accepted Answer

We close most in 21-30 days with clean appraisals. Automated underwriting approvals move faster than manual review, especially on newer construction with solid comps.

Question 6

Will rate cuts affect conventional loan rates in Roseville?

Accepted Answer

The Fed expects to cut rates later in 2026, which should push conventional rates below the 6% range. Locking now near four-year lows still makes sense with inventory rising.

Conventional Loans in Roseville — Flexible Terms for Qualified Buyers