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Hollister sits in San Benito County — one of the more affordable pockets left in Central California. Conforming loans are the workhorse here.
HousingWire flagged a 10.4% drop in mortgage applications as the 30-year fixed hit 6.57%. For conforming borrowers, that rate environment means payment sensitivity matters more than ever.
620
Min Credit Score
3%
Min Down Payment
~6.57%*
30-Yr Fixed (Apr 2026)
20% Equity
PMI Cancels At
45–50%
Max DTI (Typical)
Conforming Loans in Hollister
Most conforming loans require a 620 minimum credit score. Stronger scores — 740 and above — unlock the best pricing tiers.
Down payment starts at 3% for first-time buyers. Expect PMI (private mortgage insurance) until you hit 20% equity.
Local decision guide
Use this guide to connect conforming loans eligibility, lender expectations, and local market factors before comparing payment options in Hollister.
Hollister sits in San Benito County — one of the more affordable pockets left in Central California. Conforming loans are the workhorse here.
HousingWire flagged a 10.4% drop in mortgage applications as the 30-year fixed hit 6.57%. For conforming borrowers, that rate environment means payment sensitivity matters more than ever.
Most conforming loans require a 620 minimum credit score. Stronger scores — 740 and above — unlock the best pricing tiers.
Conforming loans trade on the secondary market. That means Fannie and Freddie set the rules — not the lender sitting across from you.
We shop conforming rates across 200+ wholesale lenders. Retail banks quote one rate. We find you the best one available that day.
Hollister buyers often get priced out of coastal markets and land here. Conforming loan limits need to cover San Benito County pricing — confirm current limits before you shop.
If your loan amount exceeds the conforming limit, you're looking at jumbo financing. That means stricter underwriting and a different rate conversation entirely.
FHA loans beat conforming for buyers with credit below 680. But FHA carries lifetime mortgage insurance — conforming PMI drops off at 20% equity.
ARMs look tempting when fixed rates climb. A 5/1 ARM might cut your starting payment, but conforming fixed rates give you payment certainty for 30 years.
San Benito County is not a high-cost area under FHFA rules. Standard conforming loan limits apply here — not the elevated limits you'd see in Santa Clara or San Mateo.
Hollister's market pulls buyers from the Bay Area seeking affordability. That demand dynamic can push purchase prices — keep the conforming limit ceiling in mind as you plan.
San Benito County uses the standard FHFA conforming limit — not a high-cost adjustment. Check current FHFA limits before finalizing your purchase price.
Yes. Most conforming programs allow 5% down. You'll pay PMI until you reach 20% equity, then it cancels.
Conforming pricing runs on a tiered grid. A 740+ score gets the best rate. Anything below 680 and you'll pay more. Rates vary by borrower profile.
W-2 earners need two years of returns and recent pay stubs. Self-employed borrowers need two years of tax returns plus a P&L statement.
Depends on your credit. Above 680, conforming usually wins on cost. Below that, FHA often prices better despite the lifetime MIP.
You'll need jumbo financing. Jumbo loans carry stricter underwriting and typically require larger reserves and higher credit scores.