Question 1

What is the conforming loan limit in San Diego County for 2026?

Accepted Answer

The limit is $1,249,125 for a single-family home. Anything above that requires jumbo financing.

Question 2

Can I use a conforming loan to buy a condo in Del Mar?

Accepted Answer

Yes, if the condo project is Fannie or Freddie approved. Project approval is a separate step — confirm it early.

Question 3

What credit score do I need for a conforming loan?

Accepted Answer

Minimum is 620, but pricing improves significantly at 740 and above. Lower scores mean higher rates.

Question 4

How does a conforming loan differ from a conventional loan?

Accepted Answer

Conforming loans follow Fannie/Freddie guidelines including loan limits. All conforming loans are conventional — not all conventional loans are conforming.

Question 5

Is a conforming loan realistic in Del Mar given home prices?

Accepted Answer

For some property types, yes. Condos and smaller homes can fall within the $1,249,125 cap. Larger single-family homes usually require jumbo.

Question 6

Do ARMs make sense on a conforming loan right now?

Accepted Answer

ARM demand is rising as fixed rates stay elevated. A 5/1 or 7/1 ARM can lower your initial rate — but know your timeline before choosing one.

Conforming Loans in Del Mar: What You Need to Know